Hirequest, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 04:06 pm EDT
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HireQuest, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported total revenue of $3,402,983 against $4,119,981 a year ago. Loss from operations of $771,630 against income from operations of $834,795 a year ago. Net income was $3,742,044 against $875,178 a year ago. Basic EPS was $0.28 against $0.06 a year ago. Diluted EPS was $0.27 against $0.06 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.