---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-113391"
form_type: "8-K"
ticker: "HDSN"
cik: "0000925528"
company_name: "HUDSON TECHNOLOGIES INC /NY"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:55:37.347812+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hudson Tech Q3 revenue down 15% to $76.5M; net income $13.6M vs $29.4M

## Summary
- Revenue $76.5M, down 15% YoY from $89.5M; gross margin 40% vs 49% in Q3 2022.
- Net income $13.6M ($0.29 diluted) vs $29.4M ($0.62) in Q3 2022.
- Non-GAAP adjusted net income $16.1M ($0.34 diluted) excludes $3.4M debt-payoff costs.
- Fully repaid remaining $32.5M term loan in Q3; saved $10M+ annualized interest.
- Management expects 2024 HFC production cut to boost demand for reclaimed refrigerant.

## SEC filing metadata
- accession: 0001104659-23-113391
- form_type: 8-K
- ticker: HDSN
- cik: 0000925528
- company_name: HUDSON TECHNOLOGIES INC /NY
- filed_at: 2023-11-01T23:59:59+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/925528/000110465923113391/0001104659-23-113391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/925528/000110465923113391/tm2329407d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-113391
- JSON: https://secwatch.observer/filing/0001104659-23-113391.json
- Plain text: https://secwatch.observer/filing/0001104659-23-113391.txt

## Key facts
- Earnings Releases
  HUDSON TECHNOLOGIES INC /NY reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: For the quarter ended September 30, 2023, Hudson reported revenues of $76.5 million, a decrease of 15% compared to revenues of $89.5 million in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/925528/000110465923113391/0001104659-23-113391-index.htm
- Earnings Releases
  HUDSON TECHNOLOGIES INC /NY reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: The Company achieved net income of $13.6 million or $0.30 per basic and $0.29 per diluted share, compared to net income of $29.4 million or $0.65 per basic and $0.62 per diluted share in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/925528/000110465923113391/0001104659-23-113391-index.htm

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