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Arq, Inc. (ARQ) Misses Q3 Earnings Estimates
ZACKS· 2024-11-07 13:45
Arq, Inc. (ARQ) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -20%.Over the last four quarters, the company has not been able t ...
Arq(ARQ) - 2024 Q3 - Quarterly Report
2024-11-07 11:45
United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37822 ______________________________________ ARQ, INC. (Exact na ...
Arq(ARQ) - 2024 Q3 - Quarterly Results
2024-11-07 11:35
Arq Reports Third Quarter 2024 Results Record PAC revenue and profitability driven by ongoing and sustainable improvements Strategic GAC project at Red River remains on target for first deliveries in Q1 2025 with modular commissioning already underway; capex, timing and contracting advancing in-line with expectations Expect to ramp Red River GAC run-rate to 25 million nameplate by end of Q1 2025; identified potential to increase GAC nameplate capacity by 10-20% with no anticipated additional capex required ...
Arq Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-07 11:30
Record PAC revenue and profitability driven by ongoing and sustainable improvements Strategic GAC project at Red River remains on target for first deliveries in Q1 2025 with modular commissioning already underway; capex, timing and contracting advancing in-line with expectations Expect to ramp Red River GAC run-rate to 25 million nameplate by end of Q1 2025; identified potential to increase GAC nameplate capacity by 10-20% with no anticipated additional capex required GREENWOOD VILLAGE, Colo., Nov. 07, 2024 ...
Water Tower Research Publishes Initiation of Coverage Report on Arq, Inc., “Significant EBITDA Growth from Execution and Expansion into Faster-Growth Markets”
GlobeNewswire News Room· 2024-10-07 18:07
PETERSBURG, FL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- October 7, 2024, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Arq, Inc. (NASDAQ: ARQ) titled, "Significant EBITDA Growth from Execution and Expansion into Faster- Growth Markets." The report can be accessed here. Arq, Inc. is a diversified environmental technology company focused on developing and providing solutions for air, water, and soil purification. The company is a leading pro ...
Arq Publishes its First-Ever ESG Report
GlobeNewswire News Room· 2024-09-25 12:15
Core Viewpoint - Arq, Inc. has published its inaugural Environmental, Social, and Governance (ESG) Report, highlighting its commitment to environmental technology and addressing key environmental and social challenges [1][2]. Environmental Impact - Arq has developed a proprietary process to reclaim, purify, and recycle waste coal fines, ensuring sustainability from sourcing to product impact [3]. - The company's products are designed to enhance access to high-quality water, with a focus on water efficiency and recycling at manufacturing facilities [3]. - Energy efficiency is central to operations, with the Red River facility consistently exporting more electricity than it consumes [3]. Social Responsibility - Safety is a core value at Arq, upheld across all levels of the organization [4]. - The company fosters a culture of inclusivity, respect, and affirmation to unite its workforce and encourage collective achievement [4]. - Engagement through team-building activities is vital for sustainability and community service [4]. Governance - Arq is committed to high standards of corporate governance, ensuring integrity in all business aspects [5]. - The ESG program is overseen by a dedicated team led by an executive officer and monitored by the Nominating and Governance Committee [5]. - The company holds itself accountable to a broad range of stakeholders, operating with honesty, fairness, and integrity [5]. Additional Information - The full 2023 ESG Report is available for download on Arq's Sustainability Page, reinforcing its mission to drive environmental innovation through responsible corporate governance and ethical business practices [6]. - Arq is a diversified environmental technology company, the only vertically integrated producer of activated carbon products in North America, focused on reducing environmental impact [7].
Arq, Inc. Announces Pricing of $25 Million Public Offering of Common Stock
GlobeNewswire News Room· 2024-09-20 12:21
Core Viewpoint - Arq, Inc. has announced a public offering of 4,770,000 shares of common stock priced at $5.25 per share, aiming to raise approximately $25 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering consists of 4,770,000 shares of common stock, with gross proceeds expected to be around $25 million [1]. - The offering is set to close on or about September 23, 2024, subject to customary closing conditions [1]. - Arq has granted underwriters a 30-day option to purchase an additional 715,500 shares [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including working capital, capital expenditures for activated carbon facilities, research and development, debt service, and potential acquisitions [2]. Group 3: Underwriters and Registration - Canaccord Genuity and Roth Capital Partners are acting as joint bookrunners for the offering [3]. - A shelf registration statement related to the shares was filed with the SEC and became effective on September 4, 2024 [4].
Arq, Inc. Announces Proposed Public Offering of Common Stock
GlobeNewswire News Room· 2024-09-19 20:01
GREENWOOD VILLAGE, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) ("Arq" or the "Company"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.001 per share ("common stock"), for sale in an underwritten public offering. All of the shares in the offering are being offered by Arq. Arq expects to g ...
Argo Oil Update
Newsfile· 2024-09-17 12:29
Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") participated at its pro rata interest of 18.75% in a second horizontal oil well at Lloyd in the General Petroleum (GP) Formation. Lloyd 2 was drilled in late August, equipped in early September, and is now on production. Lloyd 2 is participation in a fourth oil well for Argo; in addition to Lindbergh 1, Lloyd 1 and Lindbergh 2. Developme ...
Arq(ARQ) - 2024 Q2 - Earnings Call Presentation
2024-08-13 18:08
Arg Nasdaq: ARQ Q2 2024 Earnings Call August 13, 2024 the first of the state of the state of the state of the states of the the state Disclaimer This presentation includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. When used in this presentation, the words "can," "will," "intends," "expects," "believes," similar expressions and any other statements that are not historical fa ...