Perma-Fix (PESI) Reports Q4 EPS of $0.02

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Go back to Perma-Fix (PESI) Reports Q4 EPS of $0.02

Perma-Fix Reports Results for the Fourth Quarter and Full Year of 2016

March 22, 2017 7:00 AM EDT

ATLANTA, GA -- (Marketwired) -- 03/22/17 -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the "Company") today announced results for the fourth quarter and full year ended December 31, 2016.

Dr. Louis F. Centofanti, Chief Executive Officer, stated, "We achieved $1.9 million of adjusted EBITDA (as defined below) for the fourth quarter of 2016, which exceeded our previously announced expectations. In 2016, we experienced weakness in both the Treatment and Services Segments due to a temporary shift in government priorities. However, based on our sales pipeline and current trends, we expect to achieve... More