Shares of HireQuest, Inc. (HQI) have been struggling lately and have lost 7.9% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future ear ...

Data from 400-office staffing and recruiting firm's network points to a 2026 labor market withrenewed demand for skilled work, flexible contract roles and stronger alignment betweenemployer and employee demands. GOOSE CREEK, S.C. ...

Core Viewpoint - HireQuest, Inc. (HQI) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for HireQuest indicate an improvement in the company's underlying business, likely leading to an increase in stock price [5][10]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of "buy" and "sell" ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating [9][10]. Earnings Estimate Revisions for HireQuest - For the fiscal year ending December 2025, HireQuest is expected to earn $0.64 per share, with no year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for HireQuest has increased by 60%, reflecting positive sentiment among analysts [8].

Core Insights - New Age Metals Inc. has engaged Axiom Exploration Group Ltd. to conduct a helicopter-borne Xcite™ Time Domain Electromagnetic (TDEM) survey over its Sentinel Antimony Property, with a LiDAR survey planned for Spring 2026 [1][3]. Group 1: Project Details - The Sentinel Property is located approximately 5 kilometers southwest of the Beaver Brook Antimony Mine, which is Canada's only primary antimony producer, known for its high-grade stibnite-quartz mineralization [2][3]. - This marks the first modern airborne geophysical program over the Sentinel Property, featuring a high-resolution TDEM survey with 100-meter line spacing [3][4]. - The Beaver Brook Mine has a historical resource of 2.2 million tonnes grading 3.99% Sb at a 1.5% cut-off grade [3]. Group 2: Survey Objectives and Methodology - The XCITE survey will cover approximately 460 line-kilometers and aims to identify conductive horizons that may correspond to graphitic sedimentary units associated with antimony-bearing structures [4][5]. - The data collected will be used to generate 3D conductivity models, aiding in the identification of potential fault-hosted conductors and graphitic horizons similar to those at Beaver Brook [5][8]. Group 3: Future Steps - After the airborne survey, Axiom will provide conductivity depth imaging products and magnetic maps to guide further ground follow-up [8]. - The company plans to integrate geophysical results with soil geochemistry and lithostructural mapping to prioritize future drill targets [8].

HireQuest, Inc. (HQI) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +71.43%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced earnings of $0.15, delivering a surprise of +36.36%.Over the last four quarters, the company ...

Financial Data and Key Metrics Changes - The company reported a net income of $2.3 million, or $0.16 per share, compared to a net loss of $2.2 million, or a loss of $0.16 per share in the same quarter last year [4][11] - Total revenue decreased by 9.8% to $8.5 million from $9.4 million in the prior year [9] - Adjusted net income increased to $3.4 million, or $0.24 per diluted share, compared to $2.8 million, or $0.20 per diluted share last year [12] - Adjusted EBITDA was $4.7 million, down from $4.9 million last year, but the adjusted EBITDA margin rose to 55% from 52% [12] Business Line Data and Key Metrics Changes - Franchise royalties were $8.1 million compared to $9 million for the same quarter last year, while service revenue was $387,000 compared to $428,000 last year [9] - System-wide sales in the third quarter were $133.6 million, down from $148.6 million last year, but showed a sequential increase of 6.1% over Q2 [10] - The Snelling division performed well, indicating a slight increase in demand for longer-term staffing in light industrial and administrative fields [6] Market Data and Key Metrics Changes - The overall staffing market has shown mixed signals throughout 2025, influenced by macroeconomic factors such as tariffs and immigration policies [5] - Demand for temporary and day labor staffing is outperforming permanent placement and executive search services [5] Company Strategy and Development Direction - M&A remains a key part of the company's growth strategy, with several opportunities being explored that could be immediately accretive [8] - The company is focused on maintaining profitability and flexibility in a challenging market environment, which has been demonstrated over the past 11 quarters [33] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the stabilization of the day labor business, noting that while there are still challenges, there are signs of improvement [19][20] - The company is skeptical about the impact of immigration enforcement on demand, despite some business wins attributed to it [27][29] Other Important Information - The company has maintained a regular quarterly dividend since Q3 2020, with the most recent dividend being $0.06 per common share [15] - Total assets as of September 30, 2025, were $94.9 million, with working capital increasing to $31.5 million [13][14] Q&A Session Summary Question: Improvement in day labor business - Management indicated that the day labor market is stabilizing, with some regions showing reasonable demand, although overall performance is still below desired levels [19][20] Question: Competitive wins for Snelling franchisees - The large wins for Snelling franchisees were attributed to exceptional performance rather than overall market improvement, with a stable environment noted [21][22] Question: Non-renewals of MRI franchisee agreements - Management confirmed that there were significant non-renewals in previous quarters, but active MRI franchisees showed signs of stabilization by the end of the quarter [23][24] Question: M&A opportunities in the current market - The pipeline for M&A opportunities remains stable, with expectations for increased activity in the coming months as companies prepare for year-end results [25][26] Question: Impact of tighter immigration enforcement - Management acknowledged some business wins due to immigration enforcement but expressed skepticism about the overall demand increase, noting that the effects may take time to materialize [27][29]

Revenue Performance - For the three months ended September 30, 2025, total revenue was $8,497,000, a decrease of 9.7% from $9,416,000 for the same period in 2024[107]. - Total revenue for the three months ended September 30, 2025 was approximately $8.5 million, a decrease of approximately 9.8% from $9.4 million for the same period in 2024[113]. - Total revenue for the nine months ended September 30, 2025 was approximately $23.6 million, a decrease of approximately 11.0% from $26.5 million for the same period in 2024[132]. Franchise Royalties - Franchise royalties accounted for 95.4% of total revenue in Q3 2025, totaling $8,110,000, compared to 95.5% and $8,988,000 in Q3 2024[107]. - Franchise royalties for the three months ended September 30, 2025 were approximately $8.1 million, a decrease of approximately 9.8% from $9.0 million for the same period in 2024[114]. - Franchise royalties for the nine months ended September 30, 2025 were approximately $22.4 million, a decrease of approximately 10.7% from $25.0 million for the same period in 2024[133]. Net Income and EBITDA - Net income for the three months ended September 30, 2025, was $2,304,000, compared to a net loss of $2,207,000 in the same period of 2024[107]. - Adjusted EBITDA for Q3 2025 was $4,651,000, representing 54.7% of total revenue, compared to $4,926,000 or 52.3% in Q3 2024[107]. - Adjusted EBITDA for the three months ended September 30, 2025 was $4.7 million, compared to $4.9 million for the same period in 2024[111]. Operating Expenses - Selling, general, and administrative expenses for Q3 2025 were $5,070,000, representing 59.7% of total revenue, compared to 57.1% in Q3 2024[107]. - Total operating expenses for the three months ended September 30, 2025 were approximately $6.1 million, a significant decrease from $12.1 million for the same period in 2024[118]. - Total operating expenses for the nine months ended September 30, 2025 were approximately $18.6 million, a decrease of $5.8 million from $24.4 million in the same period of 2024[136]. Impairment Charges - The company reported a goodwill and intangible asset impairment charge of $230,000 for Q3 2025, significantly lower than $6,035,000 in Q3 2024[107]. - The company recorded a goodwill and intangible asset impairment charge of $330 thousand for the three months ended September 30, 2025, compared to $6.0 million for the same period in 2024[111]. Employment and Operations - The company employed approximately 65,000 temporary employees annually across various industries, including construction, healthcare, and logistics[103]. - The company operates 399 franchisee-owned offices and 1 company-owned office in 43 states and 13 countries as of September 30, 2025[103]. - The total number of offices decreased from 425 at the end of 2024 to 400 by September 30, 2025, reflecting a net closure of 25 offices[171]. Strategic Initiatives - Management is pursuing both organic growth and acquisition strategies, focusing on expanding existing client business and identifying strategic acquisitions[104]. - The company anticipates future growth opportunities through national and global account opportunities for franchisees and new franchise offerings[104]. Financial Metrics - Interest and other financing expense decreased from $268 thousand for the three months ended September 30, 2024 to $63 thousand for the same period in 2025[126]. - Cash provided by continuing operations was approximately $5.5 million for the nine months ended September 30, 2025, compared to $3.5 million in the same period of 2024[155]. - Income tax expense was approximately $362 thousand for the nine months ended September 30, 2025, with an effective tax rate of 6.9%[145]. Market Conditions - The ongoing geopolitical conflicts and economic sanctions have led to rising energy prices and inflationary pressures, potentially impacting demand for labor services[165]. - The company does not expect the recent changes in federal tax law to have a material impact on its financial position or results of operations[163]. - The company is currently evaluating the potential effects of U.S. government policy shifts on its operations and market conditions[164].

Exhibit 99.1 HireQuest Reports Financial Results for Third Quarter 2025 GOOSE CREEK, South Carolina – November 6, 2025 – HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand staffing and executive search services, today reported financial results for the third quarter ended September 30, 2025. Rick Hermanns, HireQuest's President and Chief Executive Officer, commented, "The U.S. staffing industry continued to contend with a muted hiring landscape in the third quarter, as employers maintained a ...

GOOSE CREEK, SC / ACCESS Newswire / November 6, 2025 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor of on-demand staffing and executive search services, today reported financial results for the third quarter ended September 30, 2025. Rick Hermanns, HireQuest's President and Chief Executive Officer, commented, "The U.S. staffing industry continued to contend with a muted hiring landscape in the third quarter, as employers maintained a wait and see approach to their hiring activities. ...

GOOSE CREEK, SC / ACCESS Newswire / October 23, 2025 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, today announced that it will hold a conference call on Thursday, November 6, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the third quarter ended September 30, 2025. ...