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Quest Resource reports Q4 EPS (2c), consensus (5c)

Quest Resource reports Q4 EPS (2c), consensus (5c)

Reports Q4 revenue $62.3M, consensus $70.98M. The sequential decrease in revenue compared to the third quarter was primarily due to commodity price declines along with the traditional seasonal impact of maintenance shutdowns at industrial customers. Given the pass-through nature of recycled commodity contracts, these fluctuations did not materially affect gross profit dollars," said S. Ray Hatch, President and Chief Executive Officer.

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