Arq, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
March 12, 2024 at 05:08 pm EDT
Share
Arq, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 28.1 million compared to USD 23.41 million a year ago. Net income was USD 3.29 million compared to net loss of USD 3.17 million a year ago.
Basic earnings per share from continuing operations was USD 0.1. Diluted earnings per share from continuing operations was USD 0.1.
Arq, Inc. is an environmental technology company. The Company is principally engaged in the sale of consumable air, water, and soil treatment solutions including activated carbon (AC) and chemical technologies. Its AC products enable customers to reduce air, water, and soil contaminants, including mercury, per-and polyfluoroalkyl substances (PFAS) and other pollutants to meet the challenges of air quality and water regulations. It manufactures and sells AC and other chemicals used to capture and remove contaminants for the coal-fired power generation, industrial, municipal water and air, water and soil treatment and remediation markets. It offers a range of products in Granular Activated Carbon, which consists of CarbPure GAC and FluxSorb RG; Powdered Activated Carbon, which includes CarbPure PAC, PowerPAC, FastPAC, and FluxSorb RP; Colloidal Carbon Product, which includes FluxSorb RC; Arq Additives that include Arq Powder Wetcake, and Additives, which consists of M-Prove and RESPond.
ARQ, INC. 
