Brian J. Bertaux
On July 30, 2024 Hudson Technologies, Inc. (the “Company”) appointed Brian J. Bertaux as its Vice President, Chief Financial Officer and Secretary.
Highest-materiality recent filing
Hudson Technologies re-awarded $210M DLA contract after bid protest resolution
Contract re-awarded by DLA after re-bid process; initial term through Aug 4, 2031, with five-year option.
Hudson Tech Q2 revenue up 8% to $78.3M, EPS $0.12 vs $0.23; cuts FY gross margin guidance
Q2 revenue $78.3M (+8% YoY); volume +12%, pricing -6%; net income $4.9M vs $10.2M; diluted EPS $0.12 vs $0.23.
Hudson Tech primary reclamation facility in Champaign, IL damaged by tornado/storm on June 11
Mattis Facility suffered extensive roof, structural and water damage; extent still being evaluated.
Directors elected: Loan N. Mansy, Richard Parrillo, Eric A. Prouty, Alan Sheriff; each received >23.2M votes for.
Hudson Technologies receives DLA contract extension to Nov 2026; bid protest ongoing
DLA extended current contract from July 29, 2026 to Nov 29, 2026 with two optional 3-month extensions.
Hudson Technologies increases letter of credit sublimit to $2.5M under Wells Fargo credit facility
Fifth Amendment to A&R Credit Agreement raises LC sublimit from $1.5M to $2.5M.
Hudson Technologies board and management purchase company stock in open market
All board members and certain senior management increased positions via open market purchases of HDSN common stock.
Hudson Tech Q1 rev $60.2M (+9% YoY); net income drops to $0.3M from $2.8M
Net income of $0.3M ($0.01 diluted EPS) vs $2.8M ($0.06) in Q1 2025; tax expense included $0.9M non-recurring items.
Alan Sheriff (66) and Jeffrey Feeler (56) elected to the Board effective April 10, 2026.
Hudson Technologies management shuffle: SVP Houghton out, Stoody and Reimer promoted
Kathleen L. Houghton resigned as SVP Sales & Marketing and from Board, effective Mar 13, 2026; not due to disagreement.
Hudson Tech Q4 revenue up 28% to $44.4M; operating loss $11.2M on inventory & severance
Q4 revenue $44.4M (+28% YoY); gross margin 8.0% (16.7% prior) due to $4.2M inventory charge.
Hudson Technologies appoints Robert A. Stoody as SVP - Operations
Robert A. Stoody appointed Senior Vice President - Operations effective January 30, 2026.
Hudson Technologies Provides Update on DLA Contract Bid Protest
Competitor filed bid protest at U.S. Court of Federal Claims challenging DLA's contract award to Hudson.
Hudson Technologies acquires Refrigerants Inc. for $2.5M to expand reclamation network
Initial purchase price $2.5M subject to post-closing adjustments.
Director Brian F. Coleman resigns from Hudson Technologies board effective Dec 9, 2025
Brian F. Coleman resigned as a member of the Board of Directors of Hudson Technologies, effective immediately.
Hudson Technologies boosts share repurchase authorization to $20M for 2025 and $20M for 2026
Board increased 2025 buyback limit from $10M to $20M; authorized $20M for 2026.
Hudson Technologies appoints Kenneth Gaglione as Chairman, President & CEO effective Nov 24
Kenneth Gaglione, former VP of Operations (2020-2023), appointed Chairman, President and CEO effective November 24, 2025.
Q3 revenue up 20% to $74.0M; net income rises 59% to $12.4M; DLA contract $210M
Revenue $74.0M (+20% YoY); gross margin 32.0% vs 25.7%; net income $12.4M ($0.27 diluted EPS).
Hudson Technologies CEO Brian Coleman steps down; prelim Q3 revenue $74M, net income up 59%
Brian F. Coleman stepped down as Chairman, President and CEO effective immediately; CFO Brian Bertaux assumes interim CEO duties.
Hudson Technologies awarded $210M DLA contract for refrigerant supply to U.S. military
Five-year IDIQ contract valued at approximately $210M with a five-year renewal option.
Hudson Tech Q2 revenue down 3% to $72.8M; EPS rises to $0.23 from $0.20; cash $84.3M, no debt
Q2 revenue $72.8M (-3% YoY); net income $10.2M ($0.23 diluted) vs $9.6M ($0.20).
Hudson Technologies cuts Wells Fargo revolver from $75M to $40M in third amendment
Revolver commitments reduced to $40M from $75M; letter of credit sublimit cut to $1.5M from $2M.
Hudson Technologies shareholders elect three directors and approve say-on-pay at annual meeting
Elected Vincent P. Abbatecola, Nicole Bulgarino, and Brian F. Coleman as directors for 2-year terms; Coleman received 12.9M for vs 11.4M withheld.
Hudson Tech Q1 revenue down 15% to $55.3M; EPS $0.06 vs $0.20 YoY
Revenue $55.3M, down 15% from $65.3M in Q1 2024 on lower refrigerant pricing.
Hudson Technologies Q4 2024 net loss of $2.6M; full-year revenue down 18% to $237.1M
Q4 revenue $34.6M (-23% YoY); gross margin 17% vs 31%; operating loss $3.2M vs income $4.7M.
Hudson Tech Q3 revenue falls 19% to $61.9M; net income down to $0.17/sh
Revenue $61.9M (-19% YoY); gross margin 26% vs 40% in Q3 2023.
Hudson Technologies increases share repurchase program to $20M for 2024-2025
Board authorized up to $10M in repurchases per year in 2024 and 2025, total $20M.
Hudson Technologies Q2 revenue falls 17% to $75.3M; provides FY2024 revenue guidance of $240-250M
Net income $9.6M ($0.20 diluted) vs $19.2M ($0.41) YoY; gross margin dropped to 30% from 41%.
Hudson appoints Brian J. Bertaux as CFO, replacing Nat Krishnamurti
Brian J. Bertaux appointed CFO effective July 30, 2024; Nat Krishnamurti steps down immediately.
Hudson Technologies shareholders elect four directors, approve 2024 stock plan
Kathleen L. Houghton, Loan N. Mansy, Richard Parrillo, Eric A. Prouty elected directors with >27.2M votes each.
Hudson Technologies acquires USA Refrigerants for $20.7M + $2M earnout
Acquired substantially all assets of USA Refrigerants for $20.7M cash at closing, plus up to $2M earnout payable ~18 months post-close.
Revenue $65.3M vs $77.2M in Q1 2023 (-15%); gross margin 33% vs 39%.
Hudson Technologies Q4 revenue down 5% YoY, FY23 net income falls to $1.10 diluted EPS from $2.20
Q4 2023 revenue $44.9M (-5% YoY); net income $3.9M ($0.08 diluted) vs $5.1M ($0.11) in Q4 2022.
Hudson Tech Q3 revenue down 15% to $76.5M; net income $13.6M vs $29.4M
Revenue $76.5M, down 15% YoY from $89.5M; gross margin 40% vs 49% in Q3 2022.
Hudson Technologies appoints Kathleen L. Houghton to Board; Mandracchia resigns
Kathleen L. Houghton, current VP Sales & Marketing, elected to Board effective Oct 11, 2023; term expires at June 2024 annual meeting.
Hudson Technologies repays remaining $17.5M term loan, extinguishes all term debt
Repaid $17,487,500 principal plus $349,750 prepayment fee on TCW Term Loan Facility on Aug 21, 2023.
Hudson Tech Q2 revenue $90.5M (-13% YoY), EPS $0.41 vs $0.84; margins compress
Revenue $90.5M, down 13% YoY; gross margin 40% vs 55%.
Hudson Tech shareholders elect directors, approve say-on-pay and auditor
Vincent Abbatecola elected with 18.8M for, 9.1M withheld; Nicole Bulgarino with 27.6M for, 0.3M withheld.
Hudson Tech Q1 revenue down 8% to $77.2M; net income drops to $15.5M
Revenue $77.2M (-8% YoY); gross margin 39% vs 54% in Q1 2022.
Hudson Technologies reports record FY2022 revenue of $325.2M, net income $103.8M
Q4 revenue $47.4M (+26% YoY); Q4 net income $5.1M ($0.11/share) vs $6.2M ($0.14) prior year.
Hudson Technologies elects Nicole Bulgarino and Loan Nguyen Mansy to Board
Elected on September 30, 2022, effective immediately.
Hudson Technologies reports Q3 2022 record revenue of $89.5M, up 48% YoY
Revenue $89.5M (+48% YoY); net income $29.4M ($0.62 diluted EPS) vs $15.9M ($0.34) in prior year.
Hudson Technologies adds Bulgarino and Mansy to board; Morch resigns
New directors Nicole Bulgarino (Ameresco EVP) and Loan Mansy (Clean Harbors EVP) elected to board effective Sept 30, 2022.
Hudson Tech Q2 revenue $103.9M (+72%), EPS $0.84; raises FY22 forecast, targets $400M by 2025
Q2 revenue $103.9M (+72% YoY); net income $39.8M ($0.84 diluted), includes $11.6M tax benefit.
Hudson Technologies shareholders elect three directors, approve say-on-pay and auditor
Stephen Mandracchia, Richard Parrillo, Eric Prouty elected as directors with 22.3M, 22.4M, 19.6M votes for, respectively.
Hudson Tech Q1 revenue $84.3M (+149% YoY), net income $29.6M vs loss, raises FY 2022 outlook
Revenue $84.3M, up 149% YoY; gross margin 54% vs 27% in Q1 2021.
Q4 revenue $37.8M (up 71% YoY), gross margin 45% vs 25%, net income $6.2M ($0.14 basic EPS) vs loss of $4.7M.
Hudson Technologies enters $85M term loan, increases ABL to $90M; two directors resign
New $85M term loan from TCW Asset Management; prior $63.9M term loan repaid with $3.3M fees
Hudson Technologies Q3 revenue $60.6M (+46% YoY), net income $15.9M vs $39K
Revenue $60.6M in Q3 2021, up 46% from $41.5M in Q3 2020.
Hudson Technologies board member Dominic J. Monetta dies unexpectedly on Oct 7, 2021
Dominic J. Monetta, a member of the Board of Directors, passed away unexpectedly on October 7, 2021.
On July 30, 2024 Hudson Technologies, Inc. (the “Company”) appointed Brian J. Bertaux as its Vice President, Chief Financial Officer and Secretary.
Simultaneously, on such date, Nat Krishnamurti stepped down, effective immediately, from his positions as Vice President, Chief Financial Officer and Secretary of the Company.
On October 11, 2023, upon the recommendation of the Nominating Committee, the Board of Directors (the “Board”) of Hudson Technologies, Inc. (the “Company”) elected Kathleen L. Houghton to the Board, effective immediately.
On October 11, 2023, Stephen P. Mandracchia provided notice to the Company of his resignation as a member of the Board, effective immediately.
On September 30, 2022, upon the recommendation of the Nominating Committee, the Board of Directors (the “Board”) of Hudson Technologies, Inc. (the “Company”) elected Nicole Bulgarino and Loan Nguyen Mansy to the Board, effective on such date.
On September 30, 2022, upon the recommendation of the Nominating Committee, the Board of Directors (the “Board”) of Hudson Technologies, Inc. (the “Company”) elected Nicole Bulgarino and Loan Nguyen Mansy to the Board, effective on such date.
the Board of Directors (the “Board”) of Hudson Technologies, Inc. (the “Company”) elected Nicole Bulgarino and Loan Nguyen Mansy to the Board, effective immediately.
On September 30, 2022, Otto C. Morch provided notice to the Company of his resignation as a member of the Board, effective immediately.
the Board of Directors (the “Board”) of Hudson Technologies, Inc. (the “Company”) elected Nicole Bulgarino and Loan Nguyen Mansy to the Board, effective immediately.
Upon closing of the Term Loan Facility and termination of the Prior Term Loan Facility, on March 2, 2022, Jill K. Frizzley and Richard D. Caruso resigned from the Board of Directors of the Company.
Upon closing of the Term Loan Facility and termination of the Prior Term Loan Facility, on March 2, 2022, Jill K. Frizzley and Richard D. Caruso resigned from the Board of Directors of the Company.
Dominic J. Monetta, a member of the Board of Directors of the Company, passed away unexpectedly.
Max materiality 0.85 · Median 0.70 · Most common event earnings