Additions Butler, Eicher & Flanagan bring diverse experience, financial acumen Pinnacle West Capital Corp. (NYSE:PNW) announced today that its board of directors has elected three new members to the company's board: Ronald Butler Jr., a "Big 4" public accounting firm managing partner with more than 32 years of diverse management and executive leadership experience; Carol S. Eicher, a seasoned executive who has served in multiple board leadership roles with both public and private equity-backed businesses; and Susan T. Flanagan, an executive with a broad and accomplished career spanning various sectors, including regulated utilities, energy and renewables, finance and capital markets, and

Record PAC revenue and profitability driven by ongoing and sustainable improvements Strategic GAC project at Red River remains on target for first deliveries in Q1 2025 with modular commissioning already underway; capex, timing and contracting advancing in-line with expectations Expect to ramp Red River GAC run-rate to 25 million nameplate by end of Q1 2025; identified potential to increase GAC nameplate capacity by 10-20% with no anticipated additional capex required GREENWOOD VILLAGE, Colo., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and su

GREENWOOD VILLAGE, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its third quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended September 30, 2024 before market open on November 7, 2024. A conference call to discuss the Company's financial performance is scheduled to begin the same day at 8:30 a.m. Eastern Time. The conference call webcast information will be available via the Investor Resources section of Arq's website at www

PETERSBURG, FL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- October 7, 2024, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Arq, Inc. (NASDAQ:ARQ) titled, "Significant EBITDA Growth from Execution and Expansion into Faster- Growth Markets." The report can be accessed here. Arq, Inc. is a diversified environmental technology company focused on developing and providing solutions for air, water, and soil purification. The company is a leading producer of activated carbon, which is used for contaminant removal in various applications, including mercury removal from power plants, water purification, specialty gas cleaning, and s

GREENWOOD VILLAGE, Colo., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products, today announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report. This report builds upon the Company's previously published 2023 ESG Overview Tear Sheet and provides a comprehensive assessment of Arq's ongoing efforts to drive positive environmental impact, employee well-being, and responsible governance. "The release of our 2023 ESG Report further illustrates our unwavering commitment to the environmental technology sector and reflects where we are and the s

GREENWICH, Conn., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, a leader in value-oriented and research-driven investment management, is excited to announce its second annual PFAS Symposium, scheduled for Thursday, September 26, 2024, at The Harvard Club in New York City. This event will bring together leading experts, policymakers, and industry executives to explore the critical issues surrounding PFAS (Per- and Polyfluoroalkyl Substances), their uses, replacements, and remediation efforts in water treatment and other categories. The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensi

GREENWOOD VILLAGE, Colo., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) ("Arq" or the "Company"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the pricing of an underwritten public offering of 4,770,000 shares of its common stock, par value $0.001 per share ("common stock"), at a price to the public of $5.25 per share. All of the shares in the offering are being sold by Arq. The gross proceeds to Arq from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are expected to be approximately $25 million. The offering is expecte

GREENWOOD VILLAGE, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) ("Arq" or the "Company"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has commenced an underwritten public offering of shares of its common stock, par value $0.001 per share ("common stock"), for sale in an underwritten public offering. All of the shares in the offering are being offered by Arq. Arq expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of its common stock in the underwritten public offering. The offering is subject to marke

GREENWICH, Conn., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, a leader in value-oriented and research-driven investment management, is excited to announce its second annual PFAS Symposium, scheduled for Thursday, September 26, 2024, at The Harvard Club in New York City. This event will bring together leading experts, policymakers, and industry executives to explore the critical issues surrounding PFAS (Per- and Polyfluoroalkyl Substances), their uses, replacements, and remediation efforts in water treatment. The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensive dialogue on the enviro

Ongoing improvement to ASP and profitability of foundational PAC business 52% of Red River's GAC nameplate capacity now contracted nearly six months ahead of first production Red River expansion remains on target for first GAC deliveries in Q1 2025 GREENWOOD VILLAGE, Colo., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the quarter ended June 30, 2024. Financial Highlights Generated revenue of $25.4 million in Q2 2024, up 24% over the prior year period,

GREENWOOD VILLAGE, Colo., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that the Company will attend the following upcoming investor conferences: Canaccord Genuity 44th Annual Growth Conference Date: August 13-14, 2024Location: Boston, MALive presentation: August 13, 2024 at 4:15 p.m. EST (information below) H.C. Wainwright 26th Annual Global Investment Conference Date: September 9-11, 2024Location: New York, NY Gabelli Funds' 2nd PFAS Symposium Date: September 26, 2024Location: New York, NY Bob Ras

GREENWOOD VILLAGE, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its third quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended September 30, 2024 before market open on November 7, 2024. A conference call to discuss the Company's financial performance is scheduled to begin the same day at 8:30 a.m. Eastern Time. The conference call webcast information will be available via the Investor Resources section of Arq's website at www

Ongoing improvement to ASP and profitability of foundational PAC business 52% of Red River's GAC nameplate capacity now contracted nearly six months ahead of first production Red River expansion remains on target for first GAC deliveries in Q1 2025 GREENWOOD VILLAGE, Colo., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the quarter ended June 30, 2024. Financial Highlights Generated revenue of $25.4 million in Q2 2024, up 24% over the prior year period,

GREENWOOD VILLAGE, Colo., July 30, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its second quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2024 after market close on Monday, August 12, 2024. A conference call to discuss the Company's financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Tuesday, August 13, 2024. The conference call webcast information will be available via the Investor Resources section of Ar

Entered Into $15 million PIPE at $7.00 per share, reflecting a roughly 3% discount to yesterday's close Transaction resulted from unsolicited offer from new, accredited institutional investor Bolsters long-term growth strategy, provides additional third-party validation of strategy and prospects GREENWOOD VILLAGE, Colo., May 16, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has entered into a transaction with a new institutional accredited investor for the issuance and sale of approximately $15 million

Delivered materially improved YoY results in Q1 from PAC margin enhancement Achieved strategic milestone with first GAC contract for 20% of capacity at attractive pricing Red River expansion remains on schedule for first production in Q4 2024; expected payback of 3 years or less GREENWOOD VILLAGE, Colo., May 08, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the quarter ended March 31, 2024. Financial Highlights Generated revenue of $21.7 million in Q1 2024, up 4% over t

GREENWOOD VILLAGE, Colo., April 24, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the Company expects to release its first quarter 2024 financial results and file its Quarterly Report on Form 10-Q for the period ended March 31, 2024 after market close on Wednesday, May 8, 2024. A conference call to discuss the Company's financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Thursday, May 9, 2024. The conference call webcast information will be available via the Investor Resources section of Arq's

Q4 2023 revenues from foundational Powder Activated Carbon business increase 20% YoY while gross margin improves to 50%, generating Adjusted EBITDA of $7.2 million and Net Income of $3.3 million, while Granular Activated Carbon growth business remains on schedule for commissioning by Q4 2024 GREENWOOD VILLAGE, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the fourth quarter and full year ended December 31, 2023. Financial Highlights Achieved positive net i

GREENWOOD VILLAGE, Colo., March 06, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq") today announced the Company expects to release its fourth quarter and full year 2023 financial results and file its Annual Report on Form 10-K for the period ended December 31, 2023 after market close on Tuesday, March 12, 2024. A conference call to discuss the Company's financial performance, including a question and answer session, is scheduled to begin at 9:00 a.m. Eastern Time on Wednesday, March 13, 2024. The conference call webcast information will be available via the Investor Resources section of Arq's website at www.arq.com. Interested parties may also participate in the

Incremental demand takes total annual contracted volume to 13 million poundsReflects >50% of nameplate capacity under contract roughly six months ahead of first productionGREENWOOD VILLAGE, Colo., July 15, 2024 (GLOBE NEWSWIRE) -- GlobeNewswire - Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced it has secured material incremental contracted volume for the supply of granular activated carbon (GAC) to be produced at its strategic Red River facility. For competitive reasons, the Company will not be sharing the sectors or volumes of all associated

Arq, Inc. (NASDAQ:ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has entered into a transaction with a new institutional accredited investor for the issuance and sale of approximately $15 million of common stock (the "PIPE"). The PIPE was priced at $7.00 per share, which will result in the issuance of 2,142,858 million new common equity shares in Arq, and a total ownership stake of 5.7% in the Company on a fully diluted basis.

Arq (NASDAQ:ARQ) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.07) by 228.57 percent. The company reported quarterly sales of $21.700 million which missed the analyst consensus estimate of $23.100 million by 6.06 percent.

As of April 3, 2024, five stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Arq, Inc. (NASDAQ:ARQ) On March 12, Arq reported better-than-expected fourth-quarter financial resu

As of March 19, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. United States Lime & Minerals, Inc. (NASDAQ:USLM) On Feb. 2, United States Lime & Minerals posted

Shares of Clover Health Investments, Corp. (NASDAQ:CLOV) rose sharply during Wednesday’s session after the company reported better-than-expected fourth-quarter revenue results and issued FY24 insurance revenue guidance. Clover Health Investments reported quarterly sales of $510.3 million which beat the analyst consensus estimate of $480.25 million by 6.26% and represents a 43.22% decrease over sales of $898.79 million the same period last year. Clover Health Investments shares climbed 11.2% to $0.8537 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Gaxos.ai Inc. (NASDAQ:GXAI) shares jumped 128.9% to $12.18 after the company announced it acquired t

Arq Inc (NASDAQ:ARQ) shares are surging after the company achieved positive net income for the first time in eight quarters. The company reported fourth-quarter FY23 sales growth of 20% year-on-year to $28.104 million, beating the analyst consensus estimate of $27 million. Gross margin for the quarter expanded by 2,440 basis points to 49.8%. The increase was driven by continued focus on profitability over volume, cost management, positive changes in product mix, and take-or-pay revenue. Operating income was $3.1 million in the fourth quarter, compared to an operating loss of $(3.4) million last year. The operating margin was 11%. Adjusted EBITDA was $7.2 million compared to an ad