Hirequest Inc
NASDAQ:HQI

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Hirequest Inc
NASDAQ:HQI
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Price: 7.59 USD -7.78%
Market Cap: 107m USD

Hirequest Inc
Investor Relations

HireQuest, Inc. engages in the provision of staffing services. The company is headquartered in Goose Creek, South Carolina. The company went IPO on 2002-05-07. The firm through its franchisees provides various types of temporary personnel through two business models operating under the trade names HireQuest Direct, HireQuest, Snelling, LINK Staffing, and DriverQuest. Its HireQuest Direct offers unskilled and semi-skilled industrial and construction personnel. Its HireQuest, Snelling, and Link offers skilled and semi-skilled industrial personnel, clerical and administrative personnel, and permanent placement services. DriverQuest specializes in commercial drivers serving a variety of industries and applications. The firm provides employment in the areas of construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, and retail.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Profitability: HireQuest reported net income of $2.3 million, or $0.16 per share, marking another profitable quarter despite industry headwinds.

Revenue Decline: Total revenue dropped to $8.5 million, down 9.8% year-over-year, reflecting continued softness in the staffing market.

Cost Control: Core selling, general and administrative expenses remained flat year-over-year, highlighting effective cost management.

Day Labor & Temp Staffing: These segments showed signs of stabilization, with some weeks in the fourth quarter so far outperforming the previous year.

Franchise Model Strength: The company’s franchise model continues to support profitability even in soft markets, setting HireQuest apart from peers.

M&A Pipeline: Management is actively exploring accretive acquisitions, noting plenty of potential opportunities in the current environment.

Dividend Commitment: The company paid a $0.06 quarterly dividend and expects to continue doing so.

Key Financials
Revenue
$8.5 million
Franchise Royalties
$8.1 million
Service Revenue
$387,000
System-wide Sales
$133.6 million
Net Income
$2.3 million
EPS
$0.16
Adjusted Net Income
$3.4 million
Adjusted EPS
$0.24
Adjusted EBITDA
$4.7 million
Adjusted EBITDA Margin
55%
SG&A Expenses
$5.1 million
Core SG&A Expenses
$4.6 million
Dividend
$0.06 per share
Total Assets
$94.9 million
Working Capital
$31.5 million
Net Debt
$1.1 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Richard F. Hermanns
Chairman, President & CEO
No Bio Available
Mr. Steven G. Crane
Chief Financial Officer
No Bio Available
Mr. John D. McAnnar J.D.
VP of Professional Services, Chief Legal Officer & Secretary
No Bio Available
Dave Gerstner
Vice President of Operations
No Bio Available
Mr. Cory Smith CPA
Chief Accounting Officer & Treasurer
No Bio Available
Mr. Joseph Gianzanti
Chief Information Officer
No Bio Available
Mr. David Hartley
Vice President of Corporate Development
No Bio Available
Monica Reese
Director of Human Resources
No Bio Available

Contacts

Address
SOUTH CAROLINA
Goose Creek
111 Springhall Dr
Contacts
+18008356755.0
www.hirequest.com