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., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the second quarter and six months ended June 30, 2021.

Hudson Technologies Reports Record Second Quarter 2021 Revenues

PEARL RIVER, N.Y., July 15, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) will host a conference call and webcast on Wednesday, August 4, 2021 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 2021 Results

PEARL RIVER, N.Y., June 29, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced today that the United States Defense Logistics Agency (“DLA”) has exercised its renewal option to contract Hudson for an additional five years as the prime contractor for the management and supply of refrigerants, compressed gases, cylinders and related items to US Military Commands and Installations, Federal civilian agencies and Foreign Militaries.  The contract renews the Company's original five-year agreement entered into with the DLA in July 2016 and represents a potential total of $400 million in sales to the Department of Defense (“DoD”) over the total 10 year contract period. The renewal is a firm-fixed-price contract with quarterly economic price adjustments subject to indefinite delivery, indefinite quantity (“IDIQ”). The primary users include the US Army, Navy, Air Force, Marine Corps and Coast Guard.

Hudson Technologies Receives 5-year Renewal Award for Department of Defense Contract; Extending the Total Contract Period to Ten Years

PEARL RIVER, N.Y., June 15, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced today that that it is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on Monday, June 28, 2021, according to a preliminary list of additions posted by Russell on June 4, 2021.

Hudson Technologies Set to Join Russell Microcap Index

The stock price of Hudson Technologies, Inc. (NASDAQ: HDSN) increased by 10.23% yesterday. This is why it happened.

HDSN Stock Price: 10.23% Increase Explanation

PEARL RIVER, N.Y. , May 25, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced today that Brian F. Coleman, Chief Executive Officer and Nat Krishnamurti, Chief Financial Officer, will participate in the 18th Annual Craig-Hallum Institutional Investor Conference, to be held virtually on Wednesday June 2, 2021. Messrs. Coleman and Krishnamurti will be available from 8:00 a.m.–6:00 p.m. ET, for one-on-one and small group meetings via teleconference.

Hudson Technologies to Participate at 18th Annual Craig-Hallum Institutional Investor Conference

Hudson Technologies, Inc.'s (HDSN) CEO Brian Coleman on Q1 2021 Results - Earnings Call Transcript

The stock price of Hudson Technologies, Inc. (NASDAQ: HDSN) increased from $1.92 to $2.38 during intraday trading. This is why it happened.

HDSN Stock: 23.96% Increase (From $1.92 To $2.38) Intraday Explanation

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PEARL RIVER, N.Y., May 05, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the first quarter ended March 31, 2021.

Hudson Technologies Reports First Quarter 2021 Results

PEARL RIVER, N.Y., April 22, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) will host a conference call and webcast on Wednesday, May 5, 2021 at 5:00 p.m. Eastern Time to discuss the Company's first quarter results.

Hudson Technologies to Host Conference Call to Discuss First Quarter 2021 Results

PEARL RIVER, N.Y., March 09, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced today that Brian F. Coleman, Chief Executive Officer and Nat Krishnamurti, Chief Financial Officer, will participate in the ROTH Virtual Conference on Monday & Tuesday, March 15 & 16, 2021. Messrs. Coleman and Krishnamurti will be available from 9:00 a.m.–6:00 p.m. ET both days, for one-on-one and small group meetings via teleconference.

Hudson Technologies To Participate At ROTH Virtual Conference

Hudson Technologies, Inc.'s (HDSN) CEO Brian Coleman on Q4 2020 Results - Earnings Call Transcript

Shares of Hudson Technologies (NASDAQ:HDSN) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 56.00% over the past year to ($0.11), which missed the estimate of ($0.09).

Hudson Technologies: Q4 Earnings Insights

PEARL RIVER, N.Y., March 03, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the fourth quarter and year ended December 31, 2020.

Hudson Technologies Reports Fourth Quarter 2020 Results

PEARL RIVER, N.Y., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) will host a conference call and webcast on Wednesday, March 3, 2021 at 5:00 p.m. Eastern Time to discuss the Company's fourth quarter results.

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

PEARL RIVER, N.Y., Dec. 29, 2020 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN), a leading provider of innovative and sustainable solutions for optimizing performance and improving efficiency of commercial and industrial chiller plants and refrigeration systems, commented today on the Omnibus/Covid-19 law passed by Congress, and signed by the President. The law includes language in Section 103, Division S that would require the phasedown of virgin production of hydrofluorocarbons (HFCs), while increasing opportunities for reclamation of HFCs.

Hudson Technologies Applauds Adoption of Omnibus/Covid-19 Relief Which Includes the Phasedown of HFC Production

Hudson Technologies (HDSN) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

Hudson Technologies (HDSN) Surges: Stock Moves 5.2% Higher

Hudson Technologies Inc. (HDSN) CEO Brian Coleman on Q3 2020 Results - Earnings Call Transcript

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

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

PEARL RIVER, N.Y., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN), the nation’s largest refrigerant services provider and largest reclaimer of refrigerant, and Bluesource, the nation’s leading carbon offset developer and retailer, today announced they are teaming up to scale Greenhouse Gas (“GHG”) emission reductions associated with HFC refrigerants.  

Hudson Technologies and Bluesource Partner to Reduce Greenhouse Gas Emissions Associated With HFC Refrigerants

PEARL RIVER, N.Y., Sept.  16, 2020  (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) (the “Company”) today announced the appointment of Kathleen L. Houghton, as an executive officer of the Company.  Ms. Houghton has served as Hudson’s Vice President – Sales and Marketing since May 2019.  She joined the Company in November of 2014 as Director of Marketing.   

Hudson Technologies Announces Appointment of Kathleen L. Houghton as an Executive Officer

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.

News for Hudson Technologies Stock (HDSN)