Arq Strengthens Executive Team, Appointing 35-Year Finance Veteran Jay Voncannon as Chief Financial Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2025
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Should l Buy ARQ?
Source: Newsfilter
Appointment of CFO: Arq, Inc. has appointed Jay Voncannon as Chief Financial Officer to lead the company's financial strategy and operations, aiming for accelerated growth in the activated carbon market.
Voncannon's Experience: With over 35 years in finance, Voncannon has a strong track record from his previous roles at CoorsTek and Koch Industries, focusing on strategic growth, profitability, and significant market share expansion.
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Analyst Views on ARQ
Wall Street analysts forecast ARQ stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 2.590
Low
7.50
Averages
7.75
High
8.00
Current: 2.590
Low
7.50
Averages
7.75
High
8.00
About ARQ
Arq, Inc. is a diversified environmental technology. The Company is a vertically integrated producer of activated carbon products in North America. It is engaged in the sale of consumable air, water, and soil treatment solutions, primarily based on activated carbon (AC). It manufactures and sells AC and other chemicals used to capture and remove impurities, contaminants and pollutants for the coal-fired power generation, industrial, water treatment, and water and soil remediation markets, which it collectively refers to as the advanced purification technologies (APT) market. Its AC products include both powdered activated carbon and granular activated carbon. It also owns the Five Forks Mine, a lignite coal mine that supplies the primary raw material for the manufacturing of its products. Its products are used to purify contaminated liquid, soil, and gas streams from a variety of industrial sources, including wastewater treatment plants, coal-fired power plants and other end markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Arq, Inc. Q1 2026 Earnings Call Insights
- Financial Performance Overview: Arq, Inc. reported Q1 2026 revenue of $29 million, a 7% year-over-year increase, despite a net loss of $800,000; however, adjusted EBITDA of approximately $2.7 million indicates improved profitability.
- Reaffirmed Outlook: Management reiterated full-year 2026 revenue guidance of $120 million to $125 million, with PAC volumes expected between 122 million and 125 million pounds at an average selling price of $0.88 to $0.91 per pound, reflecting confidence in market demand.
- Capital Structure Adjustments: The CFO noted updates to the credit facility with MidCap Financial to address covenant tightness due to lingering GAC production impacts, demonstrating the company's cautious approach to future financing, with equity financing being the least preferred option.
- GAC Strategic Optimization: The CEO mentioned that the strategic optimization review with external partners is progressing, with initial results expected in Q3, emphasizing that it will include return profiles, funding approaches, and broader business implications, highlighting the company's focus on the GAC business.
See More
Arqpress Reports Q1 2026 Financial Results
- Financial Overview: Arqpress's Q1 2026 report reveals a GAAP EPS of -$0.02, aligning with expectations, indicating ongoing challenges in profitability.
- Revenue Growth: The company reported revenues of $29.1 million, a 6.8% year-over-year increase, surpassing market expectations by $1.21 million, demonstrating stable performance in the market.
- Adjusted EBITDA Decline: Adjusted EBITDA stood at $2.7 million, down from $4.1 million in the prior year, primarily driven by lower net income, reflecting pressure on cost management.
- Market Expansion Plans: Discussions on activated carbon solutions for environmental remediation indicate Arqpress's proactive approach to optimizing its GAC project to address current challenges and drive future growth.
See More
Arq, Inc. Schedules Q1 2026 Financial Results Release
- Earnings Release Schedule: Arq, Inc. plans to release its Q1 2026 financial results and file its 10-Q report after market close on May 6, 2026, which is expected to provide investors with critical financial data and operational performance insights.
- Conference Call Timing: The company will hold a conference call on May 7, 2026, at 8:30 a.m. Eastern Time to discuss its financial performance, aiming to enhance communication with investors and provide transparency to help the market better understand its financial condition.
- Investor Resources: Prior to the conference call, Arq will make a supplemental investor presentation available on its website's Investor Resources section, designed to provide participants with deeper financial analysis and strategic direction.
- Replay Information: After the event, participants can access the replay via the specified webcast link or by dialing in, ensuring that investors who could not attend live can still obtain key information, thereby enhancing information accessibility.
See More
Pomerantz LLP Investigates Securities Fraud Claims Against Arq, Inc.
- Earnings Miss: Arq, Inc. reported a GAAP loss per share of $1.20 for Q4 2025, missing analyst estimates by $1.14, indicating a significant deterioration in financial health that could undermine investor confidence.
- Lowered Revenue Guidance: The company provided 2026 revenue guidance of $120 million to $125 million, well below the consensus estimate of $136.9 million, reflecting uncertainty in its business outlook that may impact future financing capabilities.
- Production Project Halted: Arq's CEO announced a pause on the granular activated carbon production project to conduct a comprehensive engineering and production process optimization review, lacking a firm timeline for completion, which could lead to production delays and loss of market share.
- Stock Price Plunge: Following the earnings report, Arq's stock price fell by $1.56, or 48.75%, closing at $1.64, indicating strong market concerns about the company's future prospects and potentially triggering further investor lawsuits.
See More
Kayne Anderson Executives Increase Stock Holdings
- KYN Executive Purchase: Kayne Anderson MLP Investment's President James C. Baker purchased 25,000 shares of KYN at $13.99 each for a total investment of $349,642, currently up about 2.2%, indicating confidence in the company's future performance.
- Baker's Historical Investments: Over the past 12 months, Baker has made six purchases of KYN totaling $1.80 million at an average cost of $12.01 per share, demonstrating a sustained belief in the company's long-term value.
- ARQ Director Purchase: ARQ's Director Richard Campbell-Breeden bought 150,000 shares at $2.21 each for a total investment of $331,665, reflecting confidence in the company's growth prospects.
- Campbell-Breeden's Historical Investments: In the past year, Campbell-Breeden has made two additional purchases of ARQ totaling $408,987 at an average cost of $3.95 per share, currently up about 13.9%, showcasing his positive outlook on ARQ.
See More
Arq, Inc. Under Investigation for Possible Securities Law Violations
- Poor Financial Performance: Arq, Inc. reported a net loss of $0.7 million and an EPS of -$0.01 in its Q3 2025 results, missing consensus estimates and indicating severe financial distress for the company.
- Capacity Issues Impact: The company's granular activated carbon (GAC) facility in Corbin, Kentucky operated well below capacity due to design flaws, with management now expecting to reach full capacity only by mid-2026, further weakening financial results.
- Significant Stock Price Drop: Following the disappointing financial results on November 6, 2025, Arq's stock price plummeted by $2.25, or 35.4%, closing at $4.10 per share, severely harming investor interests.
- Production Plan Suspension: On March 9, 2026, Arq announced a pause in its GAC production project for a comprehensive engineering review, resulting in no GAC production for 2026, which caused another stock price decline of $1.56, or 48.8%, to close at $1.64 per share.
See More
Arq, Inc. Q1 2026 Earnings Call Insights
- Financial Performance Overview: Arq, Inc. reported Q1 2026 revenue of $29 million, a 7% year-over-year increase, despite a net loss of $800,000; however, adjusted EBITDA of approximately $2.7 million indicates improved profitability.
- Reaffirmed Outlook: Management reiterated full-year 2026 revenue guidance of $120 million to $125 million, with PAC volumes expected between 122 million and 125 million pounds at an average selling price of $0.88 to $0.91 per pound, reflecting confidence in market demand.
- Capital Structure Adjustments: The CFO noted updates to the credit facility with MidCap Financial to address covenant tightness due to lingering GAC production impacts, demonstrating the company's cautious approach to future financing, with equity financing being the least preferred option.
- GAC Strategic Optimization: The CEO mentioned that the strategic optimization review with external partners is progressing, with initial results expected in Q3, emphasizing that it will include return profiles, funding approaches, and broader business implications, highlighting the company's focus on the GAC business.
See More
Arqpress Reports Q1 2026 Financial Results
- Financial Overview: Arqpress's Q1 2026 report reveals a GAAP EPS of -$0.02, aligning with expectations, indicating ongoing challenges in profitability.
- Revenue Growth: The company reported revenues of $29.1 million, a 6.8% year-over-year increase, surpassing market expectations by $1.21 million, demonstrating stable performance in the market.
- Adjusted EBITDA Decline: Adjusted EBITDA stood at $2.7 million, down from $4.1 million in the prior year, primarily driven by lower net income, reflecting pressure on cost management.
- Market Expansion Plans: Discussions on activated carbon solutions for environmental remediation indicate Arqpress's proactive approach to optimizing its GAC project to address current challenges and drive future growth.
See More
Arq, Inc. Schedules Q1 2026 Financial Results Release
- Earnings Release Schedule: Arq, Inc. plans to release its Q1 2026 financial results and file its 10-Q report after market close on May 6, 2026, which is expected to provide investors with critical financial data and operational performance insights.
- Conference Call Timing: The company will hold a conference call on May 7, 2026, at 8:30 a.m. Eastern Time to discuss its financial performance, aiming to enhance communication with investors and provide transparency to help the market better understand its financial condition.
- Investor Resources: Prior to the conference call, Arq will make a supplemental investor presentation available on its website's Investor Resources section, designed to provide participants with deeper financial analysis and strategic direction.
- Replay Information: After the event, participants can access the replay via the specified webcast link or by dialing in, ensuring that investors who could not attend live can still obtain key information, thereby enhancing information accessibility.
See More
Pomerantz LLP Investigates Securities Fraud Claims Against Arq, Inc.
- Earnings Miss: Arq, Inc. reported a GAAP loss per share of $1.20 for Q4 2025, missing analyst estimates by $1.14, indicating a significant deterioration in financial health that could undermine investor confidence.
- Lowered Revenue Guidance: The company provided 2026 revenue guidance of $120 million to $125 million, well below the consensus estimate of $136.9 million, reflecting uncertainty in its business outlook that may impact future financing capabilities.
- Production Project Halted: Arq's CEO announced a pause on the granular activated carbon production project to conduct a comprehensive engineering and production process optimization review, lacking a firm timeline for completion, which could lead to production delays and loss of market share.
- Stock Price Plunge: Following the earnings report, Arq's stock price fell by $1.56, or 48.75%, closing at $1.64, indicating strong market concerns about the company's future prospects and potentially triggering further investor lawsuits.
See More
Kayne Anderson Executives Increase Stock Holdings
- KYN Executive Purchase: Kayne Anderson MLP Investment's President James C. Baker purchased 25,000 shares of KYN at $13.99 each for a total investment of $349,642, currently up about 2.2%, indicating confidence in the company's future performance.
- Baker's Historical Investments: Over the past 12 months, Baker has made six purchases of KYN totaling $1.80 million at an average cost of $12.01 per share, demonstrating a sustained belief in the company's long-term value.
- ARQ Director Purchase: ARQ's Director Richard Campbell-Breeden bought 150,000 shares at $2.21 each for a total investment of $331,665, reflecting confidence in the company's growth prospects.
- Campbell-Breeden's Historical Investments: In the past year, Campbell-Breeden has made two additional purchases of ARQ totaling $408,987 at an average cost of $3.95 per share, currently up about 13.9%, showcasing his positive outlook on ARQ.
See More
Arq, Inc. Under Investigation for Possible Securities Law Violations
- Poor Financial Performance: Arq, Inc. reported a net loss of $0.7 million and an EPS of -$0.01 in its Q3 2025 results, missing consensus estimates and indicating severe financial distress for the company.
- Capacity Issues Impact: The company's granular activated carbon (GAC) facility in Corbin, Kentucky operated well below capacity due to design flaws, with management now expecting to reach full capacity only by mid-2026, further weakening financial results.
- Significant Stock Price Drop: Following the disappointing financial results on November 6, 2025, Arq's stock price plummeted by $2.25, or 35.4%, closing at $4.10 per share, severely harming investor interests.
- Production Plan Suspension: On March 9, 2026, Arq announced a pause in its GAC production project for a comprehensive engineering review, resulting in no GAC production for 2026, which caused another stock price decline of $1.56, or 48.8%, to close at $1.64 per share.
See More
