---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-031481"
form_type: "8-K"
ticker: "HDSN"
cik: "0000925528"
company_name: "HUDSON TECHNOLOGIES INC /NY"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T03:19:11.517438+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hudson Technologies Q4 revenue down 5% YoY, FY23 net income falls to $1.10 diluted EPS from $2.20

## Summary
- Q4 2023 revenue $44.9M (-5% YoY); net income $3.9M ($0.08 diluted) vs $5.1M ($0.11) in Q4 2022.
- Full-year 2023 revenue $289.0M (-11% YoY); gross margin 39% vs 50%; operating income $78.2M vs $131.5M.
- DLA contract revenue hit record $53M in 2023; $20M of that likely non-recurring in 2024.
- Fully repaid remaining $32.5M term loan in Q3 2023; stockholders' equity rose to $228.8M.
- Management cites AIM Act stepdown and pending reclamation mandates as future tailwinds; final rule expected summer 2024.

## SEC filing metadata
- accession: 0001104659-24-031481
- form_type: 8-K
- ticker: HDSN
- cik: 0000925528
- company_name: HUDSON TECHNOLOGIES INC /NY
- filed_at: 2024-03-06T23:59:59+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/925528/000110465924031481/0001104659-24-031481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/925528/000110465924031481/tm248044d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-031481
- JSON: https://secwatch.observer/filing/0001104659-24-031481.json
- Plain text: https://secwatch.observer/filing/0001104659-24-031481.txt

## Key facts
- Earnings Releases
  HUDSON TECHNOLOGIES INC /NY reported fourth quarter and year ended December 31, 2023 results: revenue $44.9 million, net income $3.9 million, EPS $0.09 per basic and $0.08 per diluted share.
  - Period: fourth quarter and year ended December 31, 2023
  - Revenue: $44.9 million
  - Net income: $3.9 million
  - EPS: $0.09 per basic and $0.08 per diluted share
  - Result: reported results
  source text: Technologies, Inc. (NASDAQ: HDSN) announced results for the fourth quarter and year ended December 31, 2023. For the quarter ended December 31, 2023, Hudson reported revenues of $44.9 million, a decrease of 5% compared to revenues of $47.4 million in the comparable 2022 period. The decrease is primarily related to decreased selling prices for certain refrigerants,
  evidence_url: https://www.sec.gov/Archives/edgar/data/925528/000110465924031481/0001104659-24-031481-index.htm

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