Last $9.84 USD
Change Today 0.00 / 0.00%
Volume 0.0
QTET On Other Exchanges
As of 8:10 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

quartet merger corp (QTET) Snapshot

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52 Week High
01/27/14 - $10.73
52 Week Low
01/23/14 - $9.60
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quartet merger corp (QTET) Details

Quartet Merger Corporation does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was founded in 2013 and is based in New York, New York.

quartet merger corp (QTET) Top Compensated Officers

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quartet merger corp (QTET) Key Developments

Quartet Merger Corp. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Quartet Merger Corp. reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of $114.2 million, an increase of 20.1%, compared with $95.1 million in the first quarter of 2013. Higher revenue growth was predominately due to an increase in shipping days as well as the company's average TCE rate. Income from operations totaled $10.1 million, an increase of 53.7% compared with $6.5 million for the first quarter of 2013. This increase was due to both higher revenues and an increase in operating profit margins from 6.9% in 2013 to 8.8% in 2014. Net income attributable to Pangaea Logistics Solutions for the quarter was $6.6 million, an increase of 43.5% compared with $4.6 million in the first quarter of 2013.

Quartet Merger Corporation announced delayed 10-Q filing

On 05/15/2014, Quartet Merger Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Quartet Merger Corporation(NasdaqCM:QTET) added to NASDAQ Composite Index

Quartet Merger Corporation will be added to NASDAQ Composite Index.


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