Perma-Fix (PESI) Misses Q1 EPS by 9c, Offers Outlook

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Go back to Perma-Fix (PESI) Misses Q1 EPS by 9c, Offers Outlook

UPDATE: Perma-Fix Announces Financial Results and Provides Business Update for the First Quarter of 2015

May 8, 2015 8:56 AM EDT

ATLANTA, GA -- (Marketwired) -- 05/08/15 -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) today announced financial results for the first quarter ended March 31, 2015 and provided guidance for fiscal 2015.

Company Highlights

Treatment Segment revenue increases 27.1% compared to Q1 2014Services Segment Q1 2015 revenue increases 34.1% compared to Q1 2014Gross margin increases to 10.9% compared to 0.9% for Q1 2014Projects Adjusted EBITDA (as defined below) of $6-$7M in 2015

Dr. Louis F. Centofanti, Chairman and... More