Fubotv earnings beat by $0.10, revenue topped estimates
Claiborne Benson Smith, General Counsel and Corporate Secretary of Arq, Inc. (NASDAQ:ARQ), sold 2,591 shares of common stock on August 4, 2025, at a price of $5.20, totaling $13473. The stock, which currently trades at $6.69, has shown notable volatility according to InvestingPro data, with prices ranging from $3.34 to $8.11 over the past 52 weeks.
Following the transaction, Smith directly owns 82,438 shares of Arq, Inc. The sale was executed to cover tax withholding obligations related to the vesting of restricted stock awards, according to a footnote in the Form 4 filing. With a market capitalization of $283 million and its next earnings report due in 5 days, investors seeking deeper insights can access comprehensive analysis through InvestingPro’s detailed research reports, which cover over 1,400 US stocks including ARQ.
In other recent news, Arq Inc. reported its financial results for the first quarter of 2025, showing a revenue of $27.2 million, which exceeded the forecast of $26.73 million and marked a 25% increase from the previous year. The company has successfully commissioned its first Granular Activated Carbon (GAC) production line at the Red River Plant, generating initial sales revenue from this new operation. Craig-Hallum has initiated coverage on Arq with a Buy rating and a $10 price target, citing its transformation into an environmental technology provider as a key factor. Meanwhile, Canaccord Genuity adjusted its price target for Arq from $9.00 to $8.00, maintaining a Buy rating but calling for more evidence to support their positive outlook. These developments reflect Arq’s ongoing transition and the challenges it faces, including delays in project timelines. Despite these hurdles, analysts remain confident in the company’s long-term potential.
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