secwatch.observer — SEC 8-K summary
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Issuer:     HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK:        0000925528
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001104659-23-113391
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/925528/000110465923113391/0001104659-23-113391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/925528/000110465923113391/tm2329407d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-113391

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer