Hudson Technologies (HDSN) Misses Q4 EPS by 1c
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Hudson Technologies Reports Record Revenues of $79.7 Million for Full Year 2015; EPS of $0.14
March 2, 2016 4:05 PM ESTPEARL RIVER, N.Y.--(BUSINESS WIRE)-- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the fourth quarter and year ended December 31, 2015.
Revenues for the three months ended December 31, 2015 were $7.3 million, a decrease of 9% compared to $8.1 million in the comparable 2014 period. The revenue decrease in the quarter is primarily related to a decrease in sales volumes for certain refrigerants and lower service revenues. 2014 fourth quarter revenues were unusually strong due to preseason refrigerant sales driven primarily by the EPAs October 2014 final rule providing a more aggressive step down approach for the... More
