Hudson Technologies Reports Higher-Than-Expected EPS, Lower-Than-Expected Revenue

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Hudson Technologies ($NASDAQ:HDSN), a global provider of solutions to the refrigeration and HVAC industries, has just reported its earnings for the quarter. The company reported a GAAP EPS of $0.33, surpassing analyst expectations by $0.06. While this was a positive sign, the company’s revenue of $77.2M fell short of estimates by $6.05M. The company offers a suite of solutions, such as its SmartEnergy products, that enable customers to optimize their energy efficiency and reduce their operating costs.

It also provides an array of services, including preventative maintenance and repairs, ensuring customers’ systems are running at peak efficiency. It remains well-positioned to continue to grow its presence in the market and deliver value to its customers.

Earnings

HUDSON TECHNOLOGIES recently released its earnings report for FY2022 Q4 as of December 31 2022, reporting a total revenue of 47.44M USD with a net income of 5.08M USD. This is a 25.6% increase in total revenue compared to the previous year, however, there was a 17.9% decrease in net income. Overall, HUDSON TECHNOLOGIES has achieved impressive growth in total revenue over the last 3 years, increasing from 22.11M USD to 47.44M USD. This marked expansion in sales evidences the success of HUDSON TECHNOLOGIES’s business operations and strategies.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Hudson Technologies. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Hudson Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Hudson Technologies are shown below. More…

Price History

Hudson Technologies, a provider of innovative solutions for cooling systems and industrial machinery, reported on Wednesday its earnings per share (EPS) to be higher than expected.

However, their reported revenue was lower than what analysts had predicted. This news caused the stock to open at $7.7 and close at $7.6, a decrease of 1.3% from the prior day’s closing price of 7.7. The lower-than-expected revenue caused investors to be uncertain of the company’s performance, leading to a decrease in stock prices. The company’s management is currently working on strategies to increase revenue and return investor confidence in the near future. Live Quote…

Analysis

At GoodWhale, we offer a comprehensive analysis of the financials of HUDSON TECHNOLOGIES. After an in-depth analysis, we have determined that HUDSON TECHNOLOGIES is a medium risk investment as per our Risk Rating. We have detected one risk warning in the balance sheet of HUDSON TECHNOLOGIES. If you are a registered user, you can check out this risk warning and make a more informed decision. Our team of experts is always available to help you make more informed decisions and succeed in your investments. More…

Peers

Hudson Technologies Inc is a publicly traded company on the NASDAQ Global Market under the ticker symbol HDSN. It is headquartered in Pearl River, New York and was founded in 1987. The company is a leading provider of innovative solutions to reduce energy consumption, improve indoor air quality, and enable customer comfort in commercial and industrial buildings. Hudson’s core businesses are refrigerant management and energy services. The company’s products and services are sold through a network of authorized distributors and service providers in the United States, Canada, Europe, and Asia.

Hudson’s primary competitors in the refrigerant management market are Masterflex SE, AlumiFuel Power Corp, and NoFire Technologies Inc. In the energy services market, the company competes with a variety of firms providing energy efficiency solutions, including Johnson Controls, Siemens, and Honeywell.

– Masterflex SE ($LTS:0FCT)

Founded in 1908, Masterflex SE is a German company that manufactures high-performance hose and tubing products. The company has a market cap of 62.52M as of 2022 and a Return on Equity of 10.87%. Masterflex SE’s products are used in a variety of applications, including food and beverage processing, pharmaceutical manufacturing, and chemical handling. The company’s products are known for their durability and flexibility, and are used in some of the most demanding environments. Masterflex SE is a publicly traded company, and its shares are listed on the Frankfurt Stock Exchange.

– AlumiFuel Power Corp ($OTCPK:AFPW)

AlumiFuel Power Corporation is engaged in the development and commercialization of hydrogen generation systems. Its products include a portable hydrogen generator based on aluminum powder and water reactions, as well as fuel cells. The company was founded in 2004 and is headquartered in Denver, Colorado.

– NoFire Technologies Inc ($OTCPK:NFTI)

NoFire Technologies Inc is a company that specializes in developing and manufacturing products that are designed to prevent fires. The company has a market cap of 1.81M as of 2022 and a Return on Equity of 17.43%. NoFire Technologies Inc is a publicly traded company on the Toronto Stock Exchange.

Summary

Hudson Technologies, Inc. reported its quarterly earnings results, posting GAAP EPS of $0.33, which was a $0.06 beat on the estimates. Revenue of $77.2M was lower than the estimates by $6.05M. The stock market responded favorably to the news of the beat, while the miss in revenue was largely ignored.

This suggests that analysts are expecting more from Hudson Technologies in the upcoming quarters. Investors should continue to monitor the stock to gauge its performance and determine whether it is a good investment opportunity.