Hudson Tech Q2 revenue $103.9M (+72%), EPS $0.84; raises FY22 forecast, targets $400M by 2025

HUDSON TECHNOLOGIES INC /NY

2022-Q2 EPS reported $1.48 revenue$188,279,000

Q2 revenue $103.9M (+72% YoY); net income $39.8M ($0.84 diluted), includes $11.6M tax benefit.
Operating income $49.8M vs $14.4M; gross margin 55% vs 36% a year ago.
First-half revenue $188.3M (+100% YoY); net income $69.4M ($1.48 diluted).
2022 forecast raised: revenue >$290M, blended gross margin at least mid-40% range.
New 3-year target: annualized revenue >$400M by 2025 with gross margins ~35%.

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