Hudson Technologies, Inc. (HDSN) Reports In-Line Q2 EPS

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Hudson Technologies Reports Record Second Quarter 2015 Revenues of $28.6 Million; EPS of $0.08

July 29, 2015 4:05 PM EDT

PEARL RIVER, N.Y.--(BUSINESS WIRE)-- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the second quarter and six months ended June 30, 2015.

Revenues for the three months ended June 30, 2015 were $28.6 million, an increase of 70% compared to $16.9 million in the comparable 2014 period. The revenue increase in the quarter is primarily related to an increase in sales volumes of certain refrigerants and a higher selling price of certain refrigerants, as well as revenue contribution from the Companys recent acquisitions. Gross margin increased to 25% as compared to 13% in the second quarter of 2014. Net income for... More