QualTek Services Inc. (QTEKQ)
Market Cap | 539.98K |
Revenue (ttm) | 761.94M |
Net Income (ttm) | -55.91M |
Shares Out | 45.00M |
EPS (ttm) | -2.16 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 639,888 |
Open | n/a |
Previous Close | 0.0120 |
Day's Range | 0.0100 - 0.0218 |
52-Week Range | 0.0100 - 0.0450 |
Beta | n/a |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About QTEKQ
QualTek Services Inc. provides communications infrastructure, power grid modernization, and renewable solutions to telecommunications and utilities industries in the United States. It operates through two segments, Telecom, and Renewables & 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... [Read more]
Financial Performance
In 2022, QTEKQ's revenue was $753.86 million, an increase of 23.13% compared to the previous year's $612.24 million. Losses were -$36.42 million, -67.02% less than in 2021.
Financial StatementsNews
QualTek Successfully Emerges from Chapter 11
BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (the “Company” or “QualTek”), a leading infrastructure services provider, today announced that it has successfully emerged from Chapter 11 in the...
QualTek's Plan of Reorganization Confirmed
BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (the “Company” or “QualTek”), a leading infrastructure services provider, today announced that its Plan of Reorganization (the “Plan”) has been c...
QualTek Services Inc. Receives Nasdaq Delisting Notice
BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (NASDAQ: QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that Nasd...
QualTek to Strengthen Financial Position and Drive Long-Term Growth Through Consensual Financial Restructuring
BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. (NASDAQ: QTEK) (the “Company” or “QualTek”), a leading infrastructure services provider, today announced a restructuring transaction that will po...
QualTek Shares Business Update
BLUE BELL, Pa.--(BUSINESS WIRE)--(NASDAQ: QTEK)— QualTek Services Inc. (the “Company”) announced today that it has entered into a forbearance agreement with a majority of convertible noteholders of it...
QualTek Secures New Money Financing
BLUE BELL, Pa.--(BUSINESS WIRE)--QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, po...
QualTek Appoints New Independent Members to its Board of Directors
BLUE BELL, Pa. , Dec. 7, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless...
QualTek Services Inc. (QTEK) Q3 2022 Earnings Call Transcript
QualTek Services Inc. (NASDAQ:QTEK) Q3 2022 Earnings Conference Call November 15, 2022 9:00 AM ET Company Participants Michael Bowen - ICR, LLC Scott Hisey - President & Chief Executive Officer Adam ...
QualTek Announces Third Quarter 2022 Financial Results
Third Quarter 2022 Financial Highlights Record third quarter 2022 revenue of $216.1 million Reported 24-month backlog increased to $2.4 billion Record third quarter 2022 Telecom segment revenue of $1...
QualTek Services Inc. to Report Third Quarter 2022 Financial Results on November 14, 2022
Third Quarter ended October 1, 2022 BLUE BELL, Pa. , Nov. 1, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure servic...
QualTek to Deploy Storm Resources in Response to Hurricane Ian
BLUE BELL, Pa. , Sept. 29, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wirele...
QualTek to Attend D.A. Davidsons 21st Annual Diversified Industrials & Services Conference in Nashville, TN, September 22-23, 2022
BLUE BELL, Pa. , Sept. 21, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wirele...
QualTek Services Inc. (QTEK) CEO Scott Hisey on Q2 2022 Results - Earnings Call Transcript
QualTek Services Inc. (NASDAQ:QTEK) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Michael Bowen - ICR, LLC Scott Hisey - CEO Adam Spittler - CFO Conference Call Part...
QualTek Announces Second Quarter 2022 Financial Results
Second Quarter 2022 Financial Highlights - Record second quarter 2022 revenue of $184.2 million, a 41% increase year-over-year - Second quarter 2022 Telecom segment revenue of $175.2 million, a 48.5% ...
5G Rollout Now Underway - QualTek Provides Most Potential Upside
AT&T, Verizon, Comcast, T-Mobile, etc. are now ramping up wireless/5G as planned and this bodes well for QualTek, Dycom and MasTec. QualTek, Dycom and MasTec believe this is the beginning of a long cy...
QualTek Services Inc. to Report Second Quarter 2022 Financial Results on August 8, 2022
Second Quarter ended July 2, 2022 BLUE BELL, Pa. , July 25, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure service...
QualTek Services Inc. set to join Russell Microcap® Index
BLUE BELL, Pa. , June 9, 2022 /PRNewswire/ -- QualTek Services Inc. (NASDAQ: QTEK) ("QualTek" or the "Company") is set to join the Russell Microcap® Index at the conclusion of the 2022 Russell indexes...
QualTek Services Inc. (QTEK) CEO Scott Hisey on Q1 2022 Results - Earnings Call Transcript
QualTek Services Inc. (NASDAQ:QTEK) Q1 2022 Earnings Conference Call May 18, 2022 9:00 AM ET Company Participants Scott Hisey - CEO Adam Spittler - CFO Conference Call Participants Brent Thielman - D...
QualTek Announces First Quarter 2022 Financial Results
- First quarter 2022 revenue up 24% to $148.2 million - Reported 24-month backlog at the end of Q1 2022 is $2.2 Billion, which is the largest in the history of the company - Extended ABL maturity thro...
QualTek Services Inc. to Report First Quarter 2022 Financial Results on May 17, 2022
First Quarter ended April 2, 2022 BLUE BELL, Pa. , May 5, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services ...
QualTek Announces Fourth Quarter and Annual 2021 Financial Results
- Full year 2021 results include revenue of $612.2 million and adjusted EBITDA of $60.0 million - Reported 24-month backlog at the end of Q4 2021 was $2.1 Billion, an increase of 22.0% over year end ...
QualTek Services Inc. to Report Fourth Quarter 2021 Financial Results on March 31, 2022
BLUE BELL, Pa. , March 30, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wirele...
QualTek to Present at the 34th Annual Roth Conference
BLUE BELL, Pa. , March 9, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireles...
QualTek Names New Independent Board Appointees to its Board of Directors
BLUE BELL, Pa., March 7, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless...
QualTek Begins Trading on the NASDAQ Under the Symbol "QTEK"
BLUE BELL, Pa. and NEWPORT BEACH, Calif.