Perma-Fix (PESI) Reports Q1 Loss of $0.33

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Perma-Fix Announces Financial Results; Provides Business Update for the First Quarter of 2016

May 17, 2016 7:30 AM EDT

ATLANTA, GA -- (Marketwired) -- 05/17/16 -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) today announced financial results for the first quarter ended March 31, 2016 and that it has filed with the Securities and Exchange Commission ("SEC") a notification of late filing of its Form 10-Q for the first quarter of 2016.

Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "As anticipated, we experienced top line weakness in both our operating segments. Additional funding provided late in the government budget had a short term negative impact on spending, as the site... More