Hudson Technologies (HDSN) Misses Q3 EPS by 3c

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Go back to Hudson Technologies (HDSN) Misses Q3 EPS by 3c

Hudson Technologies Reports Third Quarter Revenues of $21.7 Million, 42% Revenue Growth over 2014

November 4, 2015 4:05 PM EST

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

Revenues for the three months ended September 30, 2015 were $21.7 million, an increase of 42% compared to $15.3 million in the comparable 2014 period. The revenue increase in the quarter is primarily related to an increase in sales volumes for refrigerants and a higher selling price of certain refrigerants, as well as revenue contribution from the Companys recent acquisitions. Gross margin increased to 20% as compared to 10% in the third quarter of 2014. Net income for the... More