Hudson Technolgies

Hudson Technologies reported second-quarter revenue of $78.3 million (+8% y/y), which beat consensus estimates, while diluted earnings per share of $0.12 missed analysts’ forecast of $0.18. Gross margin declined to 26% due to lower refrigerant prices, higher freight costs and increased spending on ERP optimization and legal fees. The company announced an expansion of recovery activities, a partnership with Icorium and a five-year DLA contract worth $210 million. Hudson continues to expect elevated SG&A in H2, revised its full-year gross margin to the low- to mid-20% range and reports a strong balance sheet with $26 million in cash and minimal debt. » More on de.investing.com

Hudson Technologies has been reawarded the indefinite-delivery indefinite-quantity (IDIQ) framework contract with the U.S. Defense Logistics Agency (DLA) following the resolution of a bidder protest. The contract is valued at $210 million and has an initial term through August 4, 2031; the DLA may extend it by five years to July 31, 2036. Hudson provides refrigerant reclamation and refrigerant management services and, the company said, has served the DLA for ten years. CEO Ken Gaglione said he was pleased with the reaward. » More on de.investing.com

Hudson Technologies reported Q1 2026 EPS of $0.01, well below analysts’ estimate of $0.11. Revenue was $60.2 million versus expected $64.28 million, but year-over-year growth of 9% was achieved. Gross margins fell to 20% and SG&A rose due to ERP costs and strategic investments. Management expects sequential margin improvements through the rest of the year and is targeting positive cash flow. » More on de.investing.com