Hudson Technologies (HDSN) Tops Q2 EPS by 45c

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Go back to Hudson Technologies (HDSN) Tops Q2 EPS by 45c

Hudson Technologies Reports Record Second Quarter 2022 Results; Raises 2022 Forecast and Provides Update on Longer-Term Targets

August 3, 2022 4:05 PM EDT

WOODCLIFF LAKE, N.J., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the second quarter ended June 30, 2022.

For the quarter ended June 30, 2022, Hudson reported revenues of $103.9 million, an increase of 72% compared to revenues of $60.5 million in the comparable 2021 period. Second quarter revenue growth was driven by increased selling prices for certain refrigerants during the period. Gross margin in the second quarter of 2022 increased to 55%, compared to 36% in the second quarter of 2021, mainly due to the increase in selling price without a material appreciation in the... More