Brief: Qualtek Announces First Quarter 2022 Financial Results

QualTek Services

17/05/2022 21:46

May 17 (Reuters) - QualTek Services Inc  QTEK.O :
    * QUALTEK ANNOUNCES FIRST QUARTER 2022 FINANCIAL RESULTS
    * Q1 REVENUE ROSE 24 PERCENT TO $148.2 MILLION
    * BACKLOG AT END OF Q1 2022 WAS $2.2 BILLION, UP FROM
YEAR-END
2021 OF $2.1 BILLION
    * GUIDANCE FOR YEAR REMAINS UNCHANGED
    * QUALTEK SERVICES-NET LOSS FROM CONTINUING OPERATIONS FOR
Q1 2022
WAS $40.5 MILLION COMPARED TO NET LOSS FROM CONTINUING
OPERATIONS OF $19.9 MILLION IN Q1 2021

Source text for Eikon:  ID:nPn6rh8ZBa 
Further company coverage:  QTEK.O 

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