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QualTek Services (QualTek Services) Revenue : $761.9 Mil (TTM As of Mar. 2023)


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What is QualTek Services Revenue?

QualTek Services's revenue for the three months ended in Mar. 2023 was $156.2 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2023 was $761.9 Mil. QualTek Services's Revenue per Share for the three months ended in Mar. 2023 was $3.47. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2023 was $16.93.

Warning Sign:

QualTek Services Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of QualTek Services was -42.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -15.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, QualTek Services's highest 3-Year average Revenue per Share Growth Rate was -15.50% per year. The lowest was -15.50% per year. And the median was -15.50% per year.


QualTek Services Revenue Historical Data

The historical data trend for QualTek Services's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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QualTek Services Revenue Chart

QualTek Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Revenue
599.27 656.52 612.24 753.86

QualTek Services Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 148.16 184.22 216.12 205.35 156.25

Competitive Comparison of QualTek Services's Revenue

For the Telecom Services subindustry, QualTek Services's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


QualTek Services's Revenue Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, QualTek Services's Revenue distribution charts can be found below:

* The bar in red indicates where QualTek Services's Revenue falls into.



QualTek Services Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $761.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


QualTek Services  (OTCPK:QTEKQ) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


QualTek Services Revenue Related Terms

Thank you for viewing the detailed overview of QualTek Services's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


QualTek Services (QualTek Services) Business Description

Traded in Other Exchanges
N/A
Address
475 Sentry Parkway E, Suite 200, Blue Bell, PA, USA, 19422
QualTek Services Inc is a technology-driven provider of infrastructure services to the 5G wireless, telecom, power grid modernization, and renewable energy sectors across North America.
Executives
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Matthew J. Mccolgan officer: Chief Financial Officer 475 SENTRY PARKWAY E, STE 200, BLUE BELL PA 19422
John A Kritzmacher director C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Bruce E Roberson director 5416 HOLLY SPRINGS DR, HOUSTON TX 77056
Cielo Hernandez director C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Adam Paul Spittler officer: Chief Financial Officer C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Christopher Scott Hisey director, officer: CEO and Director 818 HIDDEN FOREST DRIVE, COLLEGEVILLE PA 19426
Elizabeth Downey officer: Chief Administrative Officer 1777 SENTRY PARKWAY WEST, SUITE 302, BLUE BELL PA 19422
Daniel Lafond director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Brightstar Gp Investors, Llc director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Qualtek Ii, Llc director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Qualtek, Llc director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Raul A Deju director
Maha Eltobgy director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422

QualTek Services (QualTek Services) Headlines