Hudson Technologies (HDSN) Tops Q1 EPS by 2c
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Hudson Technologies Reports Revenues of $38.8 Million for First Quarter 2017; Diluted EPS of $0.13
May 3, 2017 4:05 PM EDTPEARL RIVER, N.Y.--(BUSINESS WIRE)-- Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the first quarter ended March 31, 2017.
The Company reported revenues of $38.8 million for the first quarter ended March 31, 2017, an increase of 38% compared to $28.2 million in the comparable 2016 period. The revenue increase in the quarter is primarily related to both price and volume increases of certain refrigerants sold. Gross margin in the first quarter of 2017 was 32% compared to 27% in the prior year period. Net income for the quarter, including the recognition of $0.5 million of non-recurring SG&A expense related to corporate... More
