Advanced Emissions Solutions(ADES) - 2023 Q4 - Annual Results

Exhibit 99.1 arq.com Arq Reports Fourth Quarter & Full Year 2023 Results (1) (1) Q4 2023 revenues from foundational Powder Activated Carbon business increase 20% YoY while gross margin improves to 50%, generating Adjusted EBITDA of $7.2 million and Net Income of $3.3 million, while Granular Activated Carbon growth business remains on schedule for commissioning by Q4 2024 GREENWOOD VILLAGE, Colo., March 12, 2024 - GlobeNewswire - Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbo ...