Hirequest, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 09:46 pm
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HireQuest, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 5.706 million compared to USD 2.900 million a year ago. Operating income was USD 3.299 million compared to USD 937,512 a year ago. Net income was USD 2.719 million compared to USD 1.157 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to USD 0.09 a year ago. For the half year, total revenue was USD 9.109 million compared to USD 7.020 million a year ago. Operating income was USD 2.528 million compared to USD 1.772 million a year ago. Net income was USD 6.461 million compared to USD 2.032 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.15 a year ago.
HireQuest, Inc. is a franchisor of offices providing direct-dispatch executive search, commercial staffing, and permanent placement solutions. The Company, through its franchisees, provides various types of services through multiple business models under the trade names HireQuest Direct, Snelling, HireQuest, DriverQuest, HireQuest Health, Northbound Executive Search, Management Recruiters International (MRI). HireQuest Direct focuses on daily work/daily-pay jobs primarily for construction and light industrial customers. Snelling and HireQuest focus on longer-term staffing positions in the light industrial and administrative arenas. DriverQuest specializes in both commercial and non-CDL drivers serving a variety of industries and applications. HireQuest Health specializes in skilled personnel in the healthcare and dental industries. Northbound and MRI focus on executive, managerial, and professional recruitment services, although they also offer short-term consultant services.