---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086280"
form_type: "8-K"
ticker: "HDSN"
cik: "0000925528"
company_name: "HUDSON TECHNOLOGIES INC /NY"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:54:09.746613+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hudson Technologies Q2 revenue falls 17% to $75.3M; provides FY2024 revenue guidance of $240-250M

## Summary
- Net income $9.6M ($0.20 diluted) vs $19.2M ($0.41) YoY; gross margin dropped to 30% from 41%.
- Revenue decline driven by ~25% drop in refrigerant pricing and lower DLA contract activity; volumes up 17%.
- Board authorizes $10M share repurchase program for 2024-2025; funded from existing cash and cash flow.
- Full year 2024 revenue expected $240-250M with ~30% gross margin if current pricing persists.
- Ended Q2 with no debt, $30.5M cash; $18.1M free cash flow in H1 2024 (incl. $20.7M for USA Refrigerants acquisition).

## SEC filing metadata
- accession: 0001104659-24-086280
- form_type: 8-K
- ticker: HDSN
- cik: 0000925528
- company_name: HUDSON TECHNOLOGIES INC /NY
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/925528/000110465924086280/0001104659-24-086280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/925528/000110465924086280/tm2420883d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086280
- JSON: https://secwatch.observer/filing/0001104659-24-086280.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086280.txt

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