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Hudson Technologies (NASDAQ:HDSN) Releases Earnings Results, Misses Expectations By $0.05 EPS

Hudson Technologies logo with Industrial Products background
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Hudson Technologies (NASDAQ:HDSN - Get Free Report) released its quarterly earnings results on Thursday. The industrial products company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05), Zacks reports. The company had revenue of $34.64 million for the quarter, compared to analyst estimates of $37.96 million. Hudson Technologies had a net margin of 12.49% and a return on equity of 12.74%.

Hudson Technologies Price Performance

Shares of NASDAQ HDSN traded up $0.19 during midday trading on Friday, reaching $5.80. The company's stock had a trading volume of 1,334,155 shares, compared to its average volume of 499,794. Hudson Technologies has a 12-month low of $5.17 and a 12-month high of $12.22. The firm has a 50 day moving average price of $5.79 and a 200-day moving average price of $6.62. The stock has a market capitalization of $262.15 million, a P/E ratio of 8.92, a PEG ratio of 0.49 and a beta of 1.12.

Hudson Technologies Company Profile

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Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.

Further Reading

Earnings History for Hudson Technologies (NASDAQ:HDSN)

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