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Hudson Technologies (HDSN)
NASDAQ:HDSN
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.03Last Year’s EPS
$0.08Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 04, 2024
|% Change Since: -30.30%
|Next Earnings Date:Mar 05, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were positive developments such as regulatory advancements, increased reclamation, and a strong financial position, significant revenue and margin declines along with concerns over HFC pricing and inventory levels pose challenges.Company Guidance
During Hudson Technologies' third quarter 2024 earnings call, the company provided guidance that reflects a challenging market environment. Revenues decreased by 19% year-over-year to $61.9 million, primarily due to a 20% decline in HFC prices from the second quarter and reduced revenue from their DLA contract. The gross margin for the quarter was 26%, down from 40% in the same period last year, and the company anticipates a full-year gross margin of approximately 28%. Hudson reported net income of $7.8 million or $0.17 per diluted share. Despite these challenges, Hudson remains optimistic about long-term growth driven by the ongoing phase-out of HFCs and increased demand for reclaimed refrigerants, with expectations for full-year revenue at the low end of prior guidance. The company also highlighted a strategic focus on increasing reclamation activities, supported by industry regulations and legislative actions promoting the use of reclaimed refrigerants.EPA Final Refrigerant Management Rule
The EPA issued its final refrigerant management rule, which mandates the use of reclaimed refrigerants for servicing certain sectors by 2029, a positive step for reclaimed refrigerant use.
Increase in Reclaimed Refrigerants
Reclaimed refrigerants grew by approximately 20% in 2023 compared to 2022, driven by increased reclamation of HFCs.
Partnership with Rocky Mountain Institute
Hudson partnered with the Rocky Mountain Institute to publish a report indicating greenhouse gas emissions can be reduced by up to 70% with reclaimed refrigerants.
Strengthened Financial Position
Hudson ended the quarter with $56.5 million in cash and no debt, and repurchased $2.6 million in common stock.
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HDSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HDSN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 04, 2024 | $7.59 | $5.92 | -22.00% |
| Aug 06, 2024 | $7.54 | $8.05 | +6.76% |
| May 01, 2024 | $9.80 | $9.10 | -7.14% |
| Mar 06, 2024 | $14.22 | $11.59 | -18.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hudson Technologies (HDSN) report earnings?
Hudson Technologies (HDSN) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Hudson Technologies (HDSN) earnings time?
Hudson Technologies (HDSN) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HDSN EPS forecast?
HDSN EPS forecast for the fiscal quarter 2024 (Q4) is -$0.03.
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