Hudson Technologies, Inc. (OQ:HDSN)

Business Focus: Heating, Ventilation & Air Conditioning Systems

Sector:  Industrials Industry:  Electrical Components & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 300 Tice Boulevard, Suite 290
WOODCLIFF LAKE NJ 07677
Tel: 1-203-9729200
Website: https://www.hudsontech.com
IR: See website
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Key People
Brian F. Coleman
Chairman of the Board, President, Chief Executive Officer
Nat Krishnamurti
Chief Financial Officer, Vice President, Company Secretary
Kenneth Gaglione
Vice President - Operations
Kathleen L. Houghton
Vice President - Sales and Marketing, Director
   
Business Overview
Hudson Technologies, Inc. is a refrigerant services company. The Company provides solutions to recurring problems within the refrigeration industry. The Company provides environmentally sustainable solutions from initial sale of refrigerant gas through recovery, reclamation and reuse, peak operating performance of equipment through air conditioning and refrigeration system repair, to final refrigerant disposal and carbon credit trading. The Company's products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide Services performed at a customer's site. RefrigerantSide Services consists of system decontamination to remove moisture, oils and other contaminants intended to restore systems to designed capacity.
Financial Overview
For the three months ended 31 March 2024, Hudson Technologies, Inc. revenues decreased 15% to $65.3M. Net income decreased 38% to $9.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items decreased from $0.34 to $0.21.
Employees: 237 as of Feb 1, 2024
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $277.08M as of Mar 31, 2024
EBITDA (TTM): $74.09M as of Mar 31, 2024
Net annual income (TTM): $46.28M as of Mar 31, 2024
Free cash flow (TTM): $42.82M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 45,510,925 as of Apr 16, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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