earnings
confidence high
sentiment negative
materiality 0.75
Hudson Tech Q2 revenue up 8% to $78.3M, EPS $0.12 vs $0.23; cuts FY gross margin guidance
HUDSON TECHNOLOGIES INC /NY
- Q2 revenue $78.3M (+8% YoY); volume +12%, pricing -6%; net income $4.9M vs $10.2M; diluted EPS $0.12 vs $0.23.
- Six-month revenue $138.5M (+8% YoY); net income $5.3M vs $12.9M; diluted EPS $0.12 vs $0.28.
- Full-year gross margin guidance revised from mid-twenty percent to low-to-mid-twenty percent due to subdued pricing and inflation.
- Announced partnership with Icorium to commercialize advanced extractive distillation technology for refrigerant purification.
- Cash $25.6M, no debt; tornado-damaged Illinois facility restored with minimal customer impact, costs covered by insurance.