Activated carbon products producer Arq, Inc. reported better-than-expected first quarter 2025 results with solid gross margins and improved profitability. However, persistently negative free cash flow resulted in the requirement to seek debt covenant relief in exchange for reducing the borrowing base under the company's revolving credit facility. Adding insult to injury, Arq's expansion into gr...
Delivered 25% YoY revenue growth driven by PAC business turnaround Achieved 8 th straight quarter of double-digit YoY ASP growth, strong gross margins of 36.4%, 4 th consecutive quarter of positive Adjusted EBITDA and positive net income for the quarter Signed second largest PAC contract in Arq's history, evidencing sustainability and value of foundational business Updating timing for first com...
GREENWOOD VILLAGE, Colo., April 24, 2025 (GLOBE NEWSWIRE) -- GlobeNewswire - Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company will release its first quarter 2025 financial results and file its Quarterly Report on Form 10-Q for the per...
Appoints CFO, 35-year finance veteran to oversee continued transformation and next phase of growth Voncannon has a proven track record in managing financial operations during a period of significant growth GREENWOOD VILLAGE, Colo., April 02, 2025 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon produc...
Despite some operational headwinds, activated carbon products producer Arq, Inc. reported solid fourth-quarter results with decent gross margins and strong operating cash flow. However, the company's granular activated carbon (“GAC”) expansion project continued to experience substantial cost overruns and delays. Much higher than initially expected capex requirements have negatively impacted the...
Arq, Inc. (NASDAQ:ARQ ) Q4 2024 Earnings Conference Call March 6, 2025 8:30 AM ET Company Participants Anthony Nathan - Investor Relations Robert Rasmus - Chief Executive Officer Stacia Hansen - Chief Accounting Officer Conference Call Participants Gerry Sweeney - ROTH Capital Partners George Gianarikas - Canaccord Genuity Peter Gastreich - Water Tower Research Tim Moore - Clear Street Operator...
Delivered 10% YoY growth in FY 2024 revenue driven by PAC business turnaround and 7 th straight quarter of double-digit YoY ASP growth
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