Hudson Technologies

Hudson Technologies, Inc. operates as a refrigerant services company, which provides solutions to recurring problems within the refrigeration industry. Its products and services are used in commercial air conditioning, industrial processing, and refrigeration systems, which include refrigerant sales, refrigerant management services consisting primarily of reclamation of refrigerants, and Refrigerant Side services performed at the customer's site to remove moisture, oils and other contaminants. The company also offers predictive and diagnostic services through the Chiller Chemistry and Chill Smart brands. Hudson Technologies was founded by Stephen P. Mandracchia and Kevin J. Zugibe on January 11, 1991 and is headquartered in Woodcliff Lake, NJ.

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Hudson Technologies excels in Q4 2022, eyes growth opportunities

Hudson Technologies' Q4 2022 Earnings Call showcased strong financial performance, sustainable initiatives, and strategic positioning for future growth.
While facing challenges in gross margin optimization and market dynamics, the company's focus on innovation and environmental responsibility presents opportunities for expansion and profitability.
Analyst inquiries highlighted key areas for improvement and strategic focus, indicating a proactive approach to addressing market challenges and maximizing opportunities.

Hudson Technologies reports Q1 revenue decline but strengthens financials

Hudson Technologies delivered mixed Q1 2023 results with revenue decline but improved financial health. The company's focus on sustainable solutions and participation in the GreenChill Program position them well for future growth. Challenges lie in managing market prices and achieving margin targets amidst economic shifts.

Hudson Technologies reports solid Q2 earnings amidst sustainability focus

Hudson Technologies faced revenue and gross margin challenges in Q2 2023 but showcased strong profitability and reduced debt, positioning well for sustainability-driven growth.
The company's focus on sustainable practices, financial resilience, and innovation presents opportunities for future expansion and competitive advantage.
Navigating regulatory changes and market dynamics will be key, requiring strategic adaptation and continued emphasis on sustainable products and services.

Hudson Technologies reports resilient Q3 performance amidst market challenges

Hudson Technologies navigated pricing challenges to achieve a 40% gross margin in Q3 2023, driven by strategic initiatives and higher-margin sales.
The company's commitment to sustainability and debt reduction efforts showcase strong financial discipline and strategic alignment with market trends.
Despite revenue decline, Hudson's focus on reclaim refrigerants and EPA regulations positions them well for future growth and industry opportunities.
Anticipated market changes in HFC production present both challenges and opportunities for Hudson to leverage their expertise and financial strength.

Hudson Technologies reports Q4 revenue decline, strengthens balance sheet

Hudson Technologies navigated challenges in revenue decline by focusing on debt reduction and operational efficiency. The company's commitment to sustainability and strategic financial planning position them for future growth.
Despite regulatory landscape changes and market pressures, Hudson remains resilient with a strong balance sheet and a clear focus on innovation and environmental responsibility.
With a solid financial performance in 2023 and strategic initiatives in place, Hudson Technologies is poised to leverage opportunities in the evolving cooling solutions market and drive shareholder value.

Hudson Technologies grapples with pricing challenges but eyes future growth

Hudson Technologies faced challenges in Q1 2024 with declining revenue and profitability due to pricing pressures.
Despite this, the company maintains strong liquidity and stockholders' equity, positioning it well for future growth.
Optimism for improved sales prices and profitability in the future is driven by strategic initiatives and the anticipated impact of the AIM Act.
Investors should monitor how Hudson Technologies navigates market challenges and capitalizes on growth opportunities.

Hudson Technologies reports stable Q2 earnings amidst pricing challenges

Hudson Technologies faced pricing pressure challenges despite strong demand, maintaining financial stability and profitability.
The company's strategic initiatives, including the USA refrigerants acquisition and share repurchase program, aim to drive long-term value and enhance profitability.
Positive outlook on industry transitions and growth prospects position Hudson Technologies for future success and leadership in the market.

Hudson Technologies reports Q3 revenue decline, focuses on profitability

Hudson Technologies faced revenue challenges in Q3 but maintained positive net income and strong operating income.
The company's share repurchase program and capital allocation strategy demonstrate confidence in its financial stability.
Effective inventory management and pricing strategies are crucial for addressing challenges and seizing growth opportunities.
Strategic integration of USA Refrigerants and focus on operational efficiency position Hudson Technologies for future growth.

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Hudson Technologies, Inc. is a refrigerant services company, which engages in the provision of innovative solutions to recurring problems within the refrigeration industry. Its products and services include commercial air conditioning, industrial processing, refrigeration systems, refrigerant and industrial gas sales, and refrigerant management services. The company was founded by Stephen P. Mandracchia and Kevin J. Zugibe on January 11, 1991 and is headquartered in Woodcliff Lake, NJ.

PEARL RIVER, N.Y., Sept.  14, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) (the “Company”) today announced the appointment of Kenneth Gaglione to the Company’s newly created role of Vice President - Operations.  Mr. Gaglione most recently served as Global Marketing Director for aftermarket refrigerants at Honeywell International, Fluorine Products group.

Hudson Technologies Names Kenneth Gaglione Vice President - Operations

PEARL RIVER, N.Y., Sept.  01, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) (the “Company”) today announced the appointment of Stephen P. Mandracchia to its Board of Directors. Mr. Mandracchia fills the Board vacancy resulting from the passing of Kevin J. Zugibe in June 2020.

Hudson Technologies Appoints Stephen P. Mandracchia to Board of Directors

PEARL RIVER, N.Y., Aug.  11, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) today announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the closing bid price of the Company’s common stock has been at $1.00 per share or greater for ten consecutive business days (the “Compliance Letter”).  Accordingly, Hudson has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed.

Hudson Technologies Regains Compliance With Nasdaq Minimum Closing Bid Price Rule

Hudson Technologies Inc. (HDSN) on Q2 2020 Results - Earnings Call Transcript

PEARL RIVER, N.Y., Aug.  05, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the second quarter and six months ended June 30, 2020. 

Hudson Technologies Reports Second Quarter 2020 Net Income of $2.4 Million or $0.06 Per Share

Hudson Tech (HDSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Hudson Technologies (HDSN) Reports Next Week: Wall Street Expects Earnings Growth

PEARL RIVER, N.Y., July  22, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) will host a conference call and webcast on Wednesday, August 5, 2020 at 5:00 p.m. Eastern Time to discuss the Company’s second quarter results.

Hudson Technologies to Host Conference Call to Discuss Second Quarter 2020 Results

PEARL RIVER, N.Y., July  20, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) (the “Company”) today announced that its Board of Directors has appointed Brian F. Coleman Chairman of the Board, President and Chief Executive Officer, roles he had assumed on an interim basis following the passing of Kevin J. Zugibe, the Company’s former Chairman of the Board and Chief Executive Officer, on June 23, 2020.  Mr. Coleman has been with Hudson Technologies since May 1997 and most recently served as Hudson’s President and Chief Operating Officer since August 2001.

Hudson Technologies Names Brian F. Coleman Chairman of the Board, President & Chief Executive Officer

Office Closure on June 29, 2020 and Memorial Contribution Directions Office Closure on June 29, 2020 and Memorial Contribution Directions

Hudson Technologies Announces Tributes To Honor  The Passing Of CEO Kevin J. Zugibe

PEARL RIVER, N.Y., June  24, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) today issued the following statement: “It is with great sadness that we announce that Kevin J. Zugibe, Chairman of the Board and Chief Executive Officer of Hudson Technologies, Inc., passed away unexpectedly yesterday.  The entire Hudson family mourns this loss.  On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to Kevin’s family.  Kevin was our founder and an industry pioneer who brought his remarkable passion, experience and energy to Hudson.”

Hudson Technologies Announces the Passing of CEO Kevin J. Zugibe

Hudson Technologies Inc. (HDSN) on Q1 2020 Results - Earnings Call Transcript

Hudson Technologies (HDSN) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

Hudson Technologies' (HDSN) CEO Kevin Zugibe on Q4 2019 Results - Earnings Call Transcript

Hudson Tech (HDSN) delivered earnings and revenue surprises of -92.31% and 3.01%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Hudson Technologies (HDSN) Reports Q4 Loss, Tops Revenue Estimates

Will Hudson Technologies (HDSN) Report Negative Q4 Earnings? What You Should Know

Hudson Technologies, Inc.: Effective Oversight Means Great Days Ahead

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Near-Term Outlook Bleak for Industrial Services Industry

PEARL RIVER, N.Y., Dec.  19, 2019  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) today announced that it has entered into a new revolving credit facility with Wells Fargo Bank, National Association, which provides up to $60 million in borrowing capacity from time to time, subject to a borrowing base. In conjunction with entry into the Wells Fargo credit facility, the Company repaid in full its revolving loans from PNC Bank, National Association and the revolving credit facility with PNC Bank was terminated.  Furthermore, on December 19, 2019 Hudson entered into a Waiver and Fourth Amendment to its Term Loan Credit and Security Agreement (the “Fourth Amendment”).

Hudson Technologies Enters Into New Revolving Credit Facility and Announces Definitive Amendments to Existing Term Loan Credit Facility

Hudson Technologies Inc. (HDSN) CEO Ken Zugibe on Q3 2019 Results - Earnings Call Transcript

Hudson Tech (HDSN) delivered earnings and revenue surprises of -83.33% and 3.71%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Hudson Technologies (HDSN) Reports Q3 Loss, Tops Revenue Estimates

Current price under the 200-day moving average is due to uncertainty concerning whether lenders will waive default and amend financing terms.

Hudson Technologies: Set To Rebound On Likely Amendment To Financial Covenants

Hudson Technologies, Inc. (HDSN) CEO Kevin Zugibe on Q2 2019 Results - Earnings Call Transcript

Hudson Tech (HDSN) delivered earnings and revenue surprises of -900.00% and 9.83%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Hudson Technologies (HDSN) Reports Q2 Loss, Tops Revenue Estimates

Hudson Technologies, Inc. (HDSN) CEO Kevin Zugibe on Q1 2019 Results - Earnings Call Transcript

Hudson Tech (HDSN) delivered earnings and revenue surprises of 10.00% and 0.56%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

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