Perma-Fix (PESI) Reports Q1 Loss of $0.06
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Perma-Fix Reports Increased Revenue and Cash Flow for the First Quarter of 2017
May 10, 2017 7:00 AM EDTATLANTA, GA -- (Marketwired) -- 05/10/17 -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) today announced financial results for the first quarter ended March 31, 2017.
Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "I am pleased to report a significant year-over-year improvement in revenue and cash flow for the first quarter of 2017, which is seasonally our weakest quarter of the year. Despite severe winter weather in the Pacific Northwest, we still achieved $835,000 of adjusted EBITDA (as defined below) or a $3.1 million improvement from first quarter of... More
