QTEK Stock - QualTek Services Inc.
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Financial Statements
| Metric | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|
| Revenue | $753.86M | $612.24M | $656.52M | $599.27M |
| Gross Profit | $88.56M | $109.55M | $58.94M | $73.86M |
| Gross Margin | 11.7% | 17.9% | 9.0% | 12.3% |
| Operating Income | $-39,704,000 | $4.88M | $-34,582,000 | $-8,903,000 |
| Net Income | $-152,967,000 | $-160,903,000 | $-135,747,000 | $-101,174,000 |
| Net Margin | -20.3% | -26.3% | -20.7% | -16.9% |
| EPS | $-0.00 | $-7.46 | $-6.29 | $-4.69 |
QualTek Services Inc. provides communications infrastructure, power grid modernization, and renewable solutions to telecommunications and utilities industries in North America. The company operates through two segments, Telecom, and Renewables and Recovery Logistics. The Telecom segment engages in the installation, project management, maintenance, real estate, and site acquisition; fiber optic aerial and underground installation, fiber optic splicing, termination and testing, new installation, engineering, and fulfillment services to telecommunication companies; and electrical contracting, and utility construction and maintenance services to municipalities, electric membership cooperatives, and electric-utility companies. The Renewables and Recovery Logistics segment offers installation, testing, and maintenance for wind farms, solar farms, and fiber optic grids; continuity and disaster relief services to telecommunication and utility companies; and business-as-usual services, such as generator storage, and repair and cell maintenance services. The company was founded in 2012 and is headquartered in Blue Bell, Pennsylvania.
Visit WebsiteEarnings History & Surprises
QTEKEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2023 | May 16, 2023 | $-0.20 | $-0.20 | 0.0% | = MET |
Q4 2022 | Dec 31, 2022 | — | $-0.00 | — | — |
Q4 2022 | Nov 14, 2022 | $0.34 | $-0.13 | -138.2% | ✗ MISS |
Q3 2022 | Aug 8, 2022 | $-0.34 | $-0.50 | -47.1% | ✗ MISS |
Q2 2022 | May 17, 2022 | $-0.62 | $-0.20 | +67.7% | ✓ BEAT |
Q1 2022 | Feb 16, 2022 | — | $-0.47 | — | — |
Q3 2021 | Sep 30, 2021 | — | $0.67 | — | — |
Q2 2021 | Jun 30, 2021 | — | $-1.01 | — | — |
Q4 2020 | Dec 31, 2020 | — | $-1.57 | — | — |
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