Hudson Technologies Posts $59.4M in Q3 Revenue
HDSN is trading near its 52-week low of $4.64 (10% above the low).
Summary
Hudson Technologies reported third-quarter revenue of $59.4M and net income of $2.04M, with EPS of USD 0.05 against an IBES estimate of USD 0.12. The top-line figure lands without a year-ago comparison or profit detail in the headline, so the read on whether sales grew or shrank is not yet possible. Context matters here: Q2 net income fell to $4.9M from $10.2M a year earlier as costs climbed, so margin pressure has been the story even with the $210M DLA contract re-award through 2031 now locked in. The stock trades near $5.12 against a small-cap base, meaning a revenue surprise either way can move it sharply. Full results and any guidance update will be the deciding detail.
At the time of this announcement, HDSN was trading at $5.12 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $220.1M. The 52-week trading range was $4.64 to $9.52. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.