secwatch.observer — SEC 8-K summary
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Issuer:     HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK:        0000925528
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001104659-24-031481
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/925528/000110465924031481/0001104659-24-031481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/925528/000110465924031481/tm248044d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-031481

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