QUES - Quest Solution, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.2500
+0.0290 (+13.12%)
At close: 3:08PM EDT
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Previous Close0.2210
Open0.2600
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2200 - 0.2600
52 Week Range0.1500 - 0.6500
Volume56,455
Avg. Volume52,601
Market Cap19.252M
Beta (3Y Monthly)1.85
PE Ratio (TTM)N/A
EPS (TTM)-0.0480
Earnings DateNov 18, 2019 - Nov 22, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2.00
Trade prices are not sourced from all markets
  • GlobeNewswire

    Quest’s HTS Vehicle Recognition Solution Featured in Intel® AI Builders Solutions Catalog

    SALT LAKE CITY, Sept. 16, 2019 -- Quest Solution, Inc. (OTCQB: QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions,.

  • GlobeNewswire

    Quest Solution Receives $1.3 Million Order for Android-based Data Collection and Analysis Equipment From Multi-billion Dollar Company

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced that it has received a $1.3M purchase order from a Fortune 500 distributor based in the Midwest. The order is for the upgrade of the distributor’s existing warehouse and inventory management system to a more sophisticated and efficient Android platform in advance of anticipated future growth.  The new equipment will enable the use of advanced software on the Android platform, with delivery expected during the third quarter of 2019.

  • GlobeNewswire

    Quest Solution Launches SeeCube™; Safe City/Safe District Vehicle Make and Color Recognition Solution Utilizing AI and Advanced Image Processing Algorithm

    SeeCube™ is a ground breaking cloud/on premise based security solution for Safe City and Safe Campus/School applications, using unique AI-based computer vision technology and software to gather real-time vehicle make and model data to supplement license plate identification capabilities to prevent crimes and terrorists from escaping by changing or removing the license plate.

  • GlobeNewswire

    Quest Solution Announces $2.3M in Orders for Mobile Android-Based Data Collection Equipment From Leading International Automotive Company

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced orders valued at $2.3 million for plant automation and inventory management equipment from one of the world’s largest automotive corporations. Shai Lustgarten, CEO of Quest, stated, “We are pleased to drive continued momentum by securing significant orders from our solid base of Fortune 500 customers, which we believe demonstrate the efficacy of our solutions and our customers’ trust in Quest’s quality and sophistication.

  • GlobeNewswire

    Quest Solution Achieves Record First Half Results; Revenues Increase 13% to $32.7M and Gross Profit Increases 37% to Record $8.2M

    First half gross margin of 25% up from 21% margin in the first half of 2018First half adjusted EBITDA grew by 76% to $1.5MQ2 EBITDA of $0.5M compared to EBITDA loss of $1.6M in.

  • GlobeNewswire

    Quest Solution To Host Conference Call To Discuss Second Quarter 2019 Results

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, will host a conference call and webcast on Wednesday, August 7, 2019 at 11:00 a.m. Eastern Time to discuss the Company’s results for the second quarter and six months ended June 30, 2019. To access the live webcast, go to the Quest Solution website at www.questsolution.com, and click on the Investor Relations tab. International callers please dial (201) 689-8049.

  • GlobeNewswire

    Quest Solution Receives First Order for Its New “Visual Cortex™ - Yard Management” System from Leading International Food Company

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced that it has received its first order for a yard management application using its AI-based solution. The order is from one of the world’s largest food companies.

  • GlobeNewswire

    Quest Solution First Quarter Revenue Increases 23% to $18.6M; Company Achieves Significantly Improved Margins and Operating Profitability

    Sequential revenue growth of 35% compared to fourth quarter 2018Q1 gross profit increased 45% as compared to Q1 2018 gross profit Q1 EBITDA increased by $800,000 to $0.6 million.

  • GlobeNewswire

    Quest Solution to Host Investor Conference Call

    International callers please dial (201) 689-8049.  To access the live webcast, visit the Quest Solution website at www.questsolution.com and click the “About” tab to get to the investor relations page. Quest Solution’s HTS Image Processing subsidiary is a leading provider of computer vision image processing-based solutions using patented and proprietary AI technology to provide real-time surveillance and monitoring for homeland security, traffic & parking management, law enforcement and access control applications as well as supply chain management.

  • GlobeNewswire

    Quest Solution Reports Full Year 2018 Revenue up to $56.2M; Fourth Quarter Gross Margin Improves to 32%

    Fiscal year 2018 revenue grew 12% excluding impact of ASC 606Fiscal Year 2018 adjusted EBITDA increased 31%Q4 2018 revenue grew 10.1% excluding impact of ASC 606Q4 first full.

  • GlobeNewswire

    Quest Solution Awarded Additional $1.8M in Purchase Orders for Data Collection Equipment from Food Distributor Servicing the U.S. and Canada

    Orders from this leading customer amount to $5.8M in 2019. Quest to provide mobility devices enabling data collection and analysis for supply chain and logistics management. Customer is among Quest’s solid base of Fortune 500 customers for potential introduction of revolutionary Artificial Intelligence based solutions.

  • GlobeNewswire

    Quest Solution Receives a $1.8 Million Purchase Order From a Multinational Third Party Logistics Firm

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has received a $1.8 million purchase order from a large third party logistics firm for the supply of technical support for mobile data capture and automatic identification equipment for the tracking and management of assets. Shai Lustgarten, President & CEO at Quest Solution, commented, “We are pleased to strengthen our business with this multinational customer that provides supply chain, warehousing and fulfillment services to 100,000+ customers in over 100 countries world-wide.

  • GlobeNewswire

    Quest Solution to Present at ThinkEquity Conference in New York City

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that Shai Lustgarten, President & Chief Executive Officer, will present at the ThinkEquity Conference on May 2, 2019 at 11:00 a.m. ET. The conference will be held at the Mandarin Oriental Hotel in New York City.

  • GlobeNewswire

    Quest Solution Integrates AI-Based Vehicle Recognition System with Law Enforcement Department Database for Community Safety and Crime Prevention

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, announced today that it has integrated its Vehicle Recognition (VR) solution with the database of a municipal law enforcement department in a major U.S. state. The integration allows Quest to detect and provide real-time alerts to the state law enforcement department regarding license plate numbers (LPNs) that are considered to be suspicious. The solution, which supports police in reducing crime and also increases protection of schools and other soft targets, provides local law enforcement with immediate alerts of tagged license plates once detected by one of Quest’s AI-based cameras.

  • GlobeNewswire

    Quest Solution, Inc. Announces Closing of $5 Million Private Placement

    Quest Solution, Inc. (QUES) ("Quest" or the "Company"), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced the closing of its previously announced private placement resulting in gross proceeds to Quest of approximately $5 million, before deducting placement agent fees and estimated offering expenses. The net proceeds of the offering are expected to be used for the development of Artificial Intelligence and Machine Learning solutions for school security, smart city and supply chain as well as for increasing sales and marketing efforts and for general working capital.

  • GlobeNewswire

    Quest Solution, Inc. Announces $5 Million Private Placement

    ThinkEquity, a division of Fordham Financial Management, Inc. is acting as sole placement agent for the offering. The net proceeds of the offering are expected to be used for the development of Artificial Intelligence and Machine Learning solutions for school security, smart city and supply chain as well as for increasing sales and marketing efforts and for general working capital. Shai Lustgarten, CEO of Quest Solution stated: “We believe this transaction represents a milestone in our Company’s progress to becoming a leading provider of Artificial Intelligence – Machine Learning based solutions.   We currently have a solid portfolio of patented and successful solutions that leverage our pattern recognition technology for use in vital security applications as well as for commercial applications like parking automation and warehouse management.

  • GlobeNewswire

    Quest Solution Announces the U.S. Launch of AI-Based Smart Ticketless Parking Solution

    Quest Solution, Inc. (QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, today announced the U.S. launch of its AI-based Machine Vision Automatic Vehicle Recognition solution for the full automation of ticketless “smart” parking services. The Quest technology, coupled with a parking service platform, enables drivers of registered vehicles to find and pay for parking before a trip or while travelling.

  • GlobeNewswire

    AI Stands Guard for the Future: How AI Is Being Used in Security

    Investorideas.com, a global investor news source covering security and Artificial Intelligence issues a special edition of The AI Eye, looking at how AI is playing a significant role in the future of security. Comcast recently acquired BlueVector, the technology company spun off from defense contractor Northrop Grumman two years ago which uses artificial intelligence and machine learning to provide cybersecurity services to companies and government agencies. This was shortly followed by Verizon announcing the addition of BlackBerry Cylance's AI-driven antivirus security solutions to its industry-leading Managed Security Services (MSS) portfolio.

  • GlobeNewswire

    Quest Solution Awarded a U.S. Patent for Cloud-Based Automatic License Plate Recognition (ALPR) Management

    Quest Solution, Inc. (QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced that its HTS Image Processing, Inc. (“HTS”) wholly-owned subsidiary has been awarded a patent from the U. S. Patent Office for a patent titled “Cloud-Based ALPR Management”.

  • GlobeNewswire

    Quest Solution Awarded $7 Million Project From Leading U.S. Supply Chain & Logistics Firm

    Quest Solution, Inc. (QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced it has been awarded a project from a leading supply chain and logistics provider in the U.S. for the supply of vehicle mounted rugged computers for the collection of sophisticated data and logistics management. Shai Lustgarten, CEO of Quest, stated, “We are excited to significantly expand our relationship with a valued customer who is well respected in the supply chain and logistics industry.

  • GlobeNewswire

    Quest Solution Awarded $4 Million Data Collection Project from a Food Distributor Servicing the U.S. and Canada

    Quest Solution, Inc. (QUES), (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced it has been awarded a contract for the supply of State of the Art mobile tablets, scanners and wearable data collection technologies to one of the largest food distributors in the U.S. The estimated value of the contract is approximately $4 million in 2019. Quest will be replacing the existing supply chain management devices at approximately 25 distribution sites in the U.S. and Canada with handheld mobility products designed to collect, identify, track and trace assets as well as share and connect collected inventory data to the distributor’s internal IT system. Shai Lustgarten, CEO of Quest, stated: “We are very pleased to have secured this project from a longstanding customer of ours, a well-respected distributor in North America.

  • GlobeNewswire

    Quest Solution to Install AI-Based “Visual Cortex” Safe School Security Offering at South Florida School

    Provides real-time alerts on potential threats as identified by local and/or federal law enforcement authorities. SALT LAKE CITY, Jan. 28, 2019 (GLOBE NEWSWIRE) -- Quest Solution, Inc. (QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has announced that it has been selected to install a state-of-the-art AI-based safety and security system on the campus of a Pre-K – 12 preparatory School in South Florida. The Quest Safe School System is based on technology from Quest’s recently acquired subsidiary HTS Image Processing and offers real-time, automated vehicle recognition via machine vision.

  • GlobeNewswire

    Quest Adds Breakthrough Capabilities to its Visual Cortex™ Algorithm for Vehicle Recognition

    Quest is a leader in License Plate Recognition, with over 5,000 installations in the U.S. SALT LAKE CITY, Utah, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Quest Solution, Inc. (QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has announced that it has enhanced the features of its AI-based “Visual Cortex” ™ algorithm, adding car color and make machine recognition to its existing license plate recognition solution.

  • GlobeNewswire

    Quest Appoints Scientific Luminary and Technology Thought Leader to Advisory Board To Support Company’s Disruptive AI and Big Data Strategy  

    Quest Solution, Inc. (QUES), (“Quest” or “the Company”) a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, has announced the creation of an Advisory Board to intellectually supercharge  the Company’s strategic growth as a leading provider of technology solutions.   Professor Mina Teicher and Mr. Yair Grinberg have been appointed as inaugural members of the advisory board. Among her many achievements Professor Teicher has served as the former Chief Scientist of the Israeli government, Chair of the Innovation group for Future and Emerging Technologies of the European Commission and Vice-President of the UNESCO Complex Systems Digital Campus.

  • GlobeNewswire

    Quest Awarded Ten-Year Contract From Better Made Snack Foods, Inc. for Comprehensive Supply Chain Solution

    Quest Solution, Inc. (QUES) (“Quest” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced it has been awarded a $1.3 million, 10-year contract for the supply of mobile equipment, software and software support services to Better Made Snack Foods, Inc. (“Better Made”), a developer, manufacturer and distributor of a wide variety of high quality snack foods. As part of Quest’s strategy to increase the contribution from the software and services portion of its business, the Company is installing its proprietary “Route Edge Software” product, to replace Better Made’s legacy system in order to provide Better Made’s fleet of 200 delivery trucks with more accurate and efficient handheld supply chain and inventory management devices.