secwatch.observer — SEC 8-K summary
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Issuer:     HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK:        0000925528
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001104659-24-055740
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hudson Tech Q1 revenue $65.3M (-15% YoY); net income $9.6M ($0.20/diluted); guides FY revenue $250-265M
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- Revenue $65.3M vs $77.2M in Q1 2023 (-15%); gross margin 33% vs 39%.
- Net income $9.6M ($0.21 basic/$0.20 diluted) vs $15.5M ($0.34/$0.33) YoY; operating income $12.8M vs $22.7M.
- Sees FY 2024 revenue $250-265M if current refrigerant pricing persists; gross margin below 35% target.
- Current pricing may cause Hudson to not meet previously stated 2025 revenue and gross margin targets.
- EPA Refrigerant Management rule expected late summer; may mandate reclaimed refrigerant use, supporting long-term reclamation demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/925528/000110465924055740/0001104659-24-055740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/925528/000110465924055740/tm2413102d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-055740

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