Over a month ago | ||||
On The Fly
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Fly Intel: After-Hours Movers »
18:19 05/17/22 05/1718:19 05/17/2218:19
QTEK
QualTek Services
dLocal
Agilysys
Container Store
Lulu's Fashion Lounge
National CineMedia
InterCure
Appian
James Hardie
Doximity
QuickLogic
Corporacion America Airport
Casa Systems
European Wax Center
Ares Commercial
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Earnings
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QualTek reports Q1 EPS (20c), two estimates (48c) »
16:31 05/17/22 05/1716:31 05/17/2216:31
QTEK
QualTek Services
Reports Q1 revenue… Reports Q1 revenue $148.2M, consensus $137.51M. Scott Hisey, QualTek's Chief Executive Officer, said "during the first quarter, we continued to position QualTek for what we believe to be the largest telecommunications build in the history of our country. Our Q1 revenue was $148.2 million, an increase of 24.4% year-over-year. We are pleased to report that we extended our ABL for 2 additional years. This improved strength of our balance sheet will allow us liquidity to execute on our growth plan that we laid out when we started our transformation into a public company. The 5G build out, coupled with significant public, private and government-initiated fiber and power/grid build outs is historic, and we are confident that QualTek is poised to be a major partner to the largest service providers in these segments." ShowHide Related Items >><<
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Over a quarter ago | ||||
Initiation
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Oppenheimer bullish on QualTek Services, initiates with an Outperform »
07:18 04/06/22 04/0607:18 04/06/2207:18
QTEK
QualTek Services
As previously reported,… As previously reported, Oppenheimer analyst Timothy Horan initiated coverage of QualTek Services with an Outperform rating and $7 price target. Long-term, the analyst believes QualTek is a profitable "picks and shovels" play on a multi-year 5G/fiber upgrade cycle, helped by intensifying telco/cable/hyperscaler competition and government subsidies, spurring ubiquitous "Edge compute" buildouts. Coupling strong growth prospects is QualTek's "compelling valuation," Horan adds. Further, he expects the valuation gap to close as growth accelerates and leverage moderates. ShowHide Related Items >><<
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Initiation
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QualTek Services initiated with an Outperform at Oppenheimer »
06:06 04/06/22 04/0606:06 04/06/2206:06
QTEK
QualTek Services
Oppenheimer analyst… Oppenheimer analyst Timothy Horan initiated coverage of QualTek Services with an Outperform rating and $7 price target. ShowHide Related Items >><<
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Earnings
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QualTek Services reports Q4 EPS ($36.49) vs. ($28.46) last year »
18:05 03/31/22 03/3118:05 03/31/2218:05
QTEK
QualTek Services
Reports Q4 revenue… Reports Q4 revenue $147.1M vs. $132.4M last year. Scott Hisey, CEO, said, "2021 was a critical year for the company. We successfully closed our SPAC transaction creating over $80 million of additional liquidity to allow us to execute on our strategic growth plan. Full year 2021 adjusted EBITDA grew to $60.0 million, a $47 million increase from 2020. QualTek remains on a path to be a significant industry player across the telecommunications and power industries. We successfully grew our rolling two-year backlog by 22% to $2.1 billion during the year. This growth is a testament to our strong performance and our customer's reliance on QualTek to play a critical role in building out 5G networks and participating in the long-term grid modernization initiatives. We are very excited for the future of QualTek." ShowHide Related Items >><<
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Earnings
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QualTek reports Q4 EPS (33c), two estimates (29c) »
17:52 03/31/22 03/3117:52 03/31/2217:52
QTEK
QualTek Services
Reports Q4 revenue… Reports Q4 revenue $147.1M, two estimates $141.21M. Scott Hisey, QualTek's Chief Executive Officer, said, "2021 was a critical year for the company. We successfully closed our SPAC transaction creating over $80 million of additional liquidity to allow us to execute on our strategic growth plan. Full year 2021 adjusted EBITDA grew to $60.0 million, a $47 million increase from 2020. QualTek remains on a path to be a significant industry player across the telecommunications and power industries. We successfully grew our rolling two-year backlog by 22% to $2.1 billion during the year. This growth is a testament to our strong performance and our customer's reliance on QualTek to play a critical role in building out 5G networks and participating in the long-term grid modernization initiatives. We are very excited for the future of QualTek." ShowHide Related Items >><<
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On The Fly
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Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations »
09:53 03/14/22 03/1409:53 03/14/2209:53
FTV
Fortive
Helios Technologies
Nokia
Olin
Alibaba
Baidu
Tyson Foods
JD.com
Pinduoduo
IPG Photonics
Southwestern Energy
Peloton
Tyler Technologies
Pilgrim's Pride
QualTek Services
Institutional investors… ShowHide Related Items >><<
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Initiation
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QualTek Services initiated with a Buy at Craig-Hallum »
08:54 03/14/22 03/1408:54 03/14/2208:54
QTEK
QualTek Services
Craig-Hallum analyst… Craig-Hallum analyst Christian Schwab initiated coverage of QualTek Services with a Buy rating and $6 price target. The analyst believes QualTek is well positioned as a leading provider of infrastructure services to the Telecommunication market as well a Renewables and Recovery logistics. In particular, Schwab is excited about QualTek's position in the telecom market where he believes the company will be a strong beneficiary of the rollout of 5G networks, including the deployment of C-band spectrum, as well as broad-based and multi-year government infrastructure and rural connectivity funding programs. ShowHide Related Items >><<
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Hot Stocks
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QualTek Services Inc trading resumes
09:55 02/18/22 02/1809:55 02/18/2209:55
QTEK
QualTek Services
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Hot Stocks
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QualTek Services Inc trading halted, volatility trading pause
09:50 02/18/22 02/1809:50 02/18/2209:50
QTEK
QualTek Services
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