Hudson Technologies, Inc. (HDSN) Tops Q4 EPS by 1c

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Hudson Technologies Reports First Quarter 2015 EPS of $0.06

April 29, 2015 4:05 PM EDT

PEARL RIVER, N.Y.--(BUSINESS WIRE)-- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the first quarter ended March 31, 2015.

Revenues for the three months ended March 31, 2015 were $22.1 million, an increase of 42% compared to $15.6 million in the comparable 2014 period. The revenue increase in the quarter is primarily related to an increase in sales volumes of certain refrigerants, a higher selling price of certain refrigerants, and includes a full quarter of revenues from the Companys recent acquisitions. Gross margin increased to 25% as compared to 11.6% in the first quarter of 2014. Net income for the... More