QualTek Services Inc. (QTEKQ)

Jul 17, 2023 - QTEKQ was delisted (reason: shares cancelled)
0.0120
0.00 (0.00%)
Inactive · Last trade price on Jul 14, 2023
-98.93%
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]

Industry Construction & Engineering
Sector Industrials
Founded 2012
Employees 1,947
Stock Exchange OTCMKTS
Ticker Symbol QTEKQ
Full Company Profile

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 Statements

News

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

2 years ago - PRNewsWire

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 ...

2 years ago - Seeking Alpha

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - Seeking Alpha

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% ...

2 years ago - PRNewsWire

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...

2 years ago - Seeking Alpha

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...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

2 years ago - Seeking Alpha

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...

2 years ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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 ...

2 years ago - PRNewsWire

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...

2 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

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...

3 years ago - PRNewsWire

QualTek Begins Trading on the NASDAQ Under the Symbol "QTEK"

BLUE BELL, Pa. and NEWPORT BEACH, Calif.

3 years ago - PRNewsWire