Earnings Call Summary | Quest Resource Holding(QRHC.US) Q2 2024 Earnings Conference
Earnings Call Summary | Quest Resource Holding(QRHC.US) Q2 2024 Earnings Conference
The following is a summary of the Quest Resource Holding Corporation (QRHC) Q2 2024 Earnings Call Transcript:
以下是Quest Resource Holding（QRHC）2024年第2季度業績會交易記錄摘要:
Financial Performance:
金融業績：
Q2 2024 revenue was $73.1 million, marking a decrease of 2% year-over-year, but a sequential growth of 1% from Q1 2024.
EBITDA for the second quarter was over $5 million, continuing the positive performance from the previous quarter.
Gross profit for Q2 remained flat at $13.5 million compared to the previous year, due to client-related delays and lower volumes from a significant industrial client.
SG&A expenses for Q2 2024 were $9.4 million, showing a modest increase from the previous year.
2024年第二季度營業收入爲7310萬美元，同比下降2％，但較2024年第一季度增長1％。
第二季度的EBITDA超過500萬美元，延續了上一季度的正面表現。
2015年第二季度的毛利潤保持不變，爲1,350萬美元，而去年同期是由於客戶延誤和重要工業客戶成交量下降。
2024年第二季度SG&A費用爲940萬美元，同比略有增長。
Business Progress:
業務進展：
Quest Resource continued to expand its client base, adding three 7-figure expansions with existing clients during the quarter.
Investments in AP automation and technology aimed at increasing invoice processing efficiency have been significantly successful, with about three-quarters of vendors now processed through the new platform.
The company increased its borrowing capacity to $35 million and integrated more compactors to boost its asset service profile.
Quest Resource繼續擴大客戶基礎，本季度與三個現有客戶簽署了七位數的擴展合同。
在自動化流程和增加發票處理效率的技術方面的投資非常成功，現在大約三分之三的供應商都通過新平台處理。
公司將借款額度提高到3500萬美元，並增加了更多壓縮機以提高其資產服務能力。
Opportunities:
機會：
Continued growth opportunities in existing and new client bases, including potential expansion into additional states with existing large retail clients.
Quest's technology investments, such as AP automation and expanded data services, improve operational efficiencies and client servicing capabilities, providing a competitive advantage in attracting new customers.
繼續在現有和新客戶基礎中尋找增長機會，包括可能與現有大型零售客戶進入其他州的擴展。
Quest的技術投資，如AP自動化和擴展的數據服務，提高了運營效率和客戶服務能力，爲吸引新客戶提供了競爭優勢。
Risks:
風險：
Temporary revenue and volume reductions from a major industrial client due to a market slowdown could impact financial performance in the short term.
由於市場放緩，主要工業客戶的臨時收入和成交量減少可能會影響短期財務表現。
More details: Quest Resource Holding IR
更多詳細信息請參考Quest Resource Holding IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。