secwatch.observer — SEC 8-K summary
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Issuer:     HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK:        0000925528
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001104659-24-113905
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 falls 19% to $61.9M; net income down to $0.17/sh
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- Revenue $61.9M (-19% YoY); gross margin 26% vs 40% in Q3 2023.
- Net income $7.8M ($0.17 diluted) vs $13.6M ($0.29) a year ago; includes $2.3M non-recurring litigation settlement.
- Operating income $7.0M vs $23.1M in the prior-year quarter.
- FY2024 revenue expected at low end of prior guidance; gross margin ~28%.
- Balance sheet: $56.5M cash, no debt; share repurchase program increased to $20M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/925528/000110465924113905/0001104659-24-113905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/925528/000110465924113905/tm2427249d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-113905

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