Perma-Fix reports FY2022 net loss $3.8M, revenue $70.6M; backlog grows

PERMA FIX ENVIRONMENTAL SERVICES INC

Q4 2022 revenue $16.8M vs $17.1M; net loss $0.13/share vs $0.19 loss a year ago.
FY2022 revenue $70.6M, down from $72.2M; net loss $3.8M vs net income $835K in 2021.
Adjusted EBITDA from continuing ops improved to ($3.3M) from ($4.8M) in 2021.
Year-end backlog $9.2M, significantly higher; DOE included PESI in Hanford DFLAW program.
Services segment won new projects expected to start Q2 2023; management anticipates growth.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PERMA FIX ENVIRONMENTAL SERVICES INC reported the fourth quarter of 2022 results: revenue $16.8 million.

Period: the fourth quarter of 2022
Revenue: $16.8 million
Result: reported results

Exact text from the filing

Revenue for the fourth quarter of 2022 was $16.8 million versus $17.1 million for the same period last year.

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Source: SEC EDGAR

accession 0001493152-23-008647

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