Arq, Inc. Projects 2027 Adjusted EBITDA of $30 Million Amid Growth in PAC and PFAS Remediation
Arq, Inc. (ARQ) reported strong performance for its Powdered Activated Carbon (PAC) business during the third quarter, achieving record quarterly revenue driven by organic growth in both volumes and margins. CEO Robert Rasmus highlighted that the foundational PAC segment remains a primary driver of the company's current financial stability. Looking ahead, the company has outlined an ambitious exit target for 2027, projecting an adjusted EBITDA run rate of approximately $30 million. This growth strategy is supported by advancements in their PFAS (per- and polyfluoroalkyl substances) remediation technologies, positioning the company to capitalize on increasing environmental regulatory demands.
Tickers: $ARQ
Topics: earnings report PAC business PFAS remediation revenue growth
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