---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-055497"
form_type: "8-K"
ticker: "HDSN"
cik: "0000925528"
company_name: "HUDSON TECHNOLOGIES INC /NY"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T02:19:42.567102+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hudson Tech Q1 revenue down 8% to $77.2M; net income drops to $15.5M

## Summary
- Revenue $77.2M (-8% YoY); gross margin 39% vs 54% in Q1 2022.
- Operating income $22.7M (vs $38.3M); net income $15.5M ($0.34 basic EPS) vs $29.6M ($0.66).
- Total debt reduced from $46.8M to $43.6M; stockholders' equity improved to $191.5M.
- Cash flow from operations in Q1 2023 was two times greater than Q1 2022.
- Management cites AIM Act HFC phasedown as driver for increased demand for reclaimed refrigerants.

## SEC filing metadata
- accession: 0001104659-23-055497
- form_type: 8-K
- ticker: HDSN
- cik: 0000925528
- company_name: HUDSON TECHNOLOGIES INC /NY
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/925528/000110465923055497/0001104659-23-055497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/925528/000110465923055497/tm2314276d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-055497
- JSON: https://secwatch.observer/filing/0001104659-23-055497.json
- Plain text: https://secwatch.observer/filing/0001104659-23-055497.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.