QualTek Services

QualTek Services, Inc. provides infrastructure services to the 5G wireless, telecom and renewable energy sectors. Its services consist of engineering, installation, fulfillment and program management, renewable energy solutions, and business continuity and recovery support, delivering a full suite of services to the North American telecommunications and power sectors. The company was founded by Christopher Scott Hisey in 2012 and is headquartered in Blue Bell, PA.

Quintek Technologies, Inc. provides business process outsourcing services and back office services and solutions to improve efficiencies within organizations. Its services include consulting, digitizing, indexing and uploading of source documents through simple customer-specific and rules-based decision making. The company develops and provides services to hardware, software, printing large format drawings like blueprints and computer aided design files to the microfilm format of aperture cards. Quintek Technologies was founded on January 14, 1999 and is headquartered in Huntington Beach, CA.

BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (the “Company” or “QualTek”), a leading infrastructure services provider, today announced that it has successfully emerged from Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas following the confirmation of its Plan of Reorganization (“Plan”) on June 30, 2023. “We are very pleased by our swift and successful emergence, which represents the confidence of our stakeholders in our long-term strategy and the fu.

QualTek Successfully Emerges from Chapter 11

BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (the “Company” or “QualTek”), a leading infrastructure services provider, today announced that its Plan of Reorganization (the “Plan”) has been confirmed by the United States Bankruptcy Court for the Southern District of Texas (“the Court”). The Plan has the overwhelming support of the Company's major stakeholders, including, 100% of voting Secured Debt Holders and 100% of voting Convertible Noteholders. This milestone comes less than six w.

QualTek's Plan of Reorganization Confirmed

BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (NASDAQ: QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq had determined to delist the Company's common stock as a result of the Company's commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Nasdaq informed the Company that trading in the Company's common stock would be suspended at the opening of business on Ju.

QualTek Services Inc. Receives Nasdaq Delisting Notice

QualTek Services (NASDAQ: QTEK ) stock is rocketing higher on Tuesday despite a lack of news from the infrastructure services and renewable energy company. The company has released any recent earnings reports or made any filings with the Securities and Exchange Commission (SEC) that explain today's gains.

Why Is QualTek Services (QTEK) Stock Up 188% Today?

QualTek Services Inc, a provider of infrastructure services to renewable energy and telecommunication companies, announced on Wednesday that it has filed for bankruptcy along with more than a dozen subsidiaries. The Pennsylvania-based company listed $689 million in assets and $790 million in liabilities, according to the court filing.

QualTek Services files for bankruptcy with hopes of cutting debt almost in half

BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (NASDAQ: QTEK) (the “Company” or “QualTek”), a leading infrastructure services provider, today announced a restructuring transaction that will position it to achieve long-term success in the telecom, renewables, and recovery logistics sectors. The restructuring transaction reduces the Company's debt by approximately $307 million and provides $40 million of additional liquidity, substantially improving the Company's balance sheet and financi.

QualTek to Strengthen Financial Position and Drive Long-Term Growth Through Consensual Financial Restructuring

BLUE BELL, Pa.--(BUSINESS WIRE)--(NASDAQ: QTEK)— QualTek Services Inc. (the “Company”) announced today that it has entered into a forbearance agreement with a majority of convertible noteholders of its Senior Unsecured Convertible Notes (“Convertible Notes”). This forbearance agreement follows the Company's election to enter a 30-day grace period ending April 14, 2023, to make the interest payment on its Convertible Notes and subsequent decision to not make the payment. The Company also entered.

QualTek Shares Business Update

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BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, today announced the successful closing of new money incremental term loans providing $55 million in immediately available funds under its existing term loan credit agreement.

QualTek Secures New Money Financing

BLUE BELL, Pa. , Dec. 7, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, announced today the appointment of John Kritzmacher, Bruce Roberson and Cielo Hernandez to QualTek's Board of Directors.

QualTek Appoints New Independent Members to its Board of Directors

QualTek Services Inc. (NASDAQ:QTEK ) Q3 2022 Earnings Conference Call November 15, 2022 9:00 AM ET Company Participants Michael Bowen - ICR, LLC Scott Hisey - President & Chief Executive Officer Adam Spittler - Chief Financial Officer Conference Call Participants Tim Horan - Oppenheimer Christian Schwab - Craig-Hallum Capital Jean Ramirez - D.A. Davidson Operator Good morning, and welcome to QualTek's Third Quarter 2022 Earnings call.

QualTek Services Inc. (QTEK) Q3 2022 Earnings Call Transcript

Third  Quarter 2022 Financial Highlights Record third quarter 2022 revenue of $216.1 million Reported 24-month backlog increased to $2.4 billion Record third quarter 2022 Telecom segment revenue of $188.3 million, a 38.9% increase year-over-year Net Loss improved sequentially quarter-over-quarter from $25.6 million to $6.9 million BLUE BELL, Pa. , Nov. 14, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today it's 2022 third quarter financial results.

QualTek Announces Third Quarter 2022 Financial Results

Third Quarter ended October 1, 2022 BLUE BELL, Pa. , Nov. 1, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its Third Quarter financial results on Monday, November 14, 2022, after the financial markets close.

QualTek Services Inc. to Report Third Quarter 2022 Financial Results on November 14, 2022

BLUE BELL, Pa. , Sept. 29, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, power grid modernization, storm restoration, and renewable energy sectors, announced today that it has been called upon to deploy restoration services for multiple power utility and telecom companies in response to Hurricane Ian throughout Florida and the Southeastern region.

QualTek to Deploy Storm Resources in Response to Hurricane Ian

BLUE BELL, Pa. , Sept. 21, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, will attend the 21st Annual Diversified Industrials & Services Conference on Thursday, September 22 nd and Friday, September 23 rd in Nashville, TN, hosted by D.A.

QualTek to Attend D.A. Davidsons 21st Annual Diversified Industrials & Services Conference in Nashville, TN, September 22-23, 2022

QualTek Services Inc. (NASDAQ:QTEK ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Michael Bowen - ICR, LLC Scott Hisey - CEO Adam Spittler - CFO Conference Call Participants Brent Thielman - D.A. Davidson Tim Horan - Oppenheimer Christian Schwab - Craig-Hallum Capital Operator Good morning.

QualTek Services Inc. (QTEK) CEO Scott Hisey on Q2 2022 Results - Earnings Call Transcript

Second Quarter 2022 Financial Highlights - Record second quarter 2022 revenue of $184.2 million, a 41% increase year-over-year - Second quarter 2022 Telecom segment revenue of $175.2 million, a 48.5% increase year-over-year - Telecom adjusted EBITDA margins continue to expand as expected - Reported 24-month backlog at the end of Q2 2022 is $2.3 billion BLUE BELL, Pa. , Aug. 8, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 second quarter financial results of its subsidiary QualTek HoldCo, LLC.

QualTek Announces Second Quarter 2022 Financial Results

AT&T, Verizon, Comcast, T-Mobile, etc. are now ramping up wireless/5G as planned and this bodes well for QualTek, Dycom and MasTec. QualTek, Dycom and MasTec believe this is the beginning of a long cycle, all with historic backlogs and extremely positive multi-year outlooks as they ramp up.

5G Rollout Now Underway - QualTek Provides Most Potential Upside

Second Quarter ended July 2, 2022 BLUE BELL, Pa. , July 25, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its Second Quarter financial results on Monday, August 8, 2022, after the financial markets close.

QualTek Services Inc. to Report Second Quarter 2022 Financial Results on August 8, 2022

After losing some value lately, a hammer chart pattern has been formed for QualTek Services Inc. (QTEK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why QualTek Services Inc. (QTEK) Could be Great Choice for a Bottom Fisher

BLUE BELL, Pa. , June 9, 2022 /PRNewswire/ -- QualTek Services Inc. (NASDAQ: QTEK) ("QualTek" or the "Company") is set to join the Russell Microcap® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3.

QualTek Services Inc. set to join Russell Microcap® Index

QualTek Services Inc. (NASDAQ:QTEK ) Q1 2022 Earnings Conference Call May 18, 2022 9:00 AM ET Company Participants Scott Hisey - CEO Adam Spittler - CFO Conference Call Participants Brent Thielman - D.A. Davidson Tim Horan - Oppenheimer Christian Schwab - Craig-Hallum Capital Operator Good morning.

QualTek Services Inc. (QTEK) CEO Scott Hisey on Q1 2022 Results - Earnings Call Transcript

- First quarter 2022 revenue up 24% to $148.2 million - Reported 24-month backlog at the end of Q1 2022 is $2.2 Billion, which is the largest in the history of the company - Extended ABL maturity through July 2025 BLUE BELL, Pa. , May 17, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 first quarter financial results of its subsidiary QualTek HoldCo, LLC.

QualTek Announces First Quarter 2022 Financial Results

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First Quarter ended April 2, 2022 BLUE BELL, Pa. , May 5, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today that the Company will release its First Quarter financial results on Tuesday, May 17, 2022, after the financial markets close.

News for QualTek Services Stock (QTEK)