HireQuest, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:05 pm EDT
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HireQuest, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 8.99 million compared to USD 8 million a year ago. Net income was USD 2.01 million compared to USD 4.89 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.35 a year ago. Basic earnings per share was USD 0.15 compared to USD 0.36 a year ago. Diluted earnings per share was USD 0.15 compared to USD 0.36 a year ago.
For the six months, revenue was USD 18.85 million compared to USD 15.05 million a year ago. Net income was USD 4.64 million compared to USD 5.49 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.39 a year ago. Basic earnings per share was USD 0.34 compared to USD 0.4 a year ago. Diluted earnings per share was USD 0.34 compared to USD 0.4 a year ago.
HireQuest, Inc. is a franchisor of offices providing direct-dispatch executive search, commercial staffing, and permanent placement solutions. The Company, through its franchisees, provides various types of services through multiple business models under the trade names HireQuest Direct, Snelling, HireQuest, DriverQuest, HireQuest Health, Northbound Executive Search, Management Recruiters International (MRI). HireQuest Direct focuses on daily work/daily-pay jobs primarily for construction and light industrial customers. Snelling and HireQuest focus on longer-term staffing positions in the light industrial and administrative arenas. DriverQuest specializes in both commercial and non-CDL drivers serving a variety of industries and applications. HireQuest Health specializes in skilled personnel in the healthcare and dental industries. Northbound and MRI focus on executive, managerial, and professional recruitment services, although they also offer short-term consultant services.
HIREQUEST, INC. 
