earnings
confidence high
sentiment negative
materiality 0.85
Hudson Technologies Q4 2024 net loss of $2.6M; full-year revenue down 18% to $237.1M
HUDSON TECHNOLOGIES INC /NY
- Q4 revenue $34.6M (-23% YoY); gross margin 17% vs 31%; operating loss $3.2M vs income $4.7M.
- Full-year net income $24.4M ($0.52 diluted EPS) vs $52.2M ($1.10) in 2023; includes $2.3M litigation settlement.
- Balance sheet: $70.1M cash, no debt; repurchased $8.1M of stock in 2024, $5.5M in Q4.
- Refrigerant reclamation volume increased 18% in 2024; cites HFC pricing decline up to 45% as headwind.
- Acquired USA Refrigerants in June 2024 to strengthen recovery network; no additional guidance provided.