HireQuest Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
HQI$18.20+3.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Three months ended | Nine months ended | |||
|---|---|---|---|---|
| (in thousands, except per share data) | September 30, 2024 | September 30, 2023 | September 30, 2024 | September 30, 2023 |
| Franchise royalties | $8,988 | $8,905 | $25,029 | $27,017 |
| Service revenue | 428 | 366 | 1,486 | 1,101 |
| Total revenue | 9,416 | 9,271 | 26,515 | 28,118 |
| Selling, general and administrative expenses | 5,379 | 6,354 | 16,286 | 17,824 |
| Goodwill and intangible asset impairment charge | 6,035 | - | 6,035 | - |
| Depreciation and amortization | 697 | 699 | 2,092 | 2,096 |
| (Loss) income from operations | (2,695) | 2,218 | 2,102 | 8,198 |
| Other miscellaneous income (expense) | (65) | 117 | 12 | 259 |
| Interest income | 138 | 83 | 424 | 197 |
| Interest and other financing expense | (268) | (302) | (763) | (1,155) |
| Net (loss) income before income taxes | (2,890) | 2,116 | 1,775 | 7,499 |
| (Benefit) provision for income taxes | (725) | 518 | 172 | 1,530 |
| Net (loss) income from continuing operations | (2,165) | 1,598 | 1,603 | 5,969 |
| (Loss) income from discontinued operations, net of tax | (42) | (115) | (152) | 151 |
| Net (loss) income | $(2,207) | $1,483 | $1,451 | $6,120 |
| Basic (loss) earnings per share | ||||
| Continuing operations | $(0.16) | $0.12 | $0.12 | $0.44 |
| Discontinued operations | - | (0.01) | (0.01) | 0.01 |
| Total | $(0.16) | $0.11 | $0.11 | $0.45 |
| Diluted (loss) earnings per share | ||||
| Continuing operations | $(0.16) | $0.12 | $0.11 | $0.44 |
| Discontinued operations | - | (0.01) | (0.01) | 0.01 |
| Total | $(0.16) | $0.11 | $0.10 | $0.45 |
| Weighted average shares outstanding | ||||
| Basic | 13,834 | 13,751 | 13,817 | 13,709 |
| Diluted | 13,834 | 13,820 | 13,907 | 13,777 |
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