Welcome to our dedicated page for Hudson Tech news (Ticker: HDSN), a resource for investors and traders seeking the latest updates and insights on Hudson Tech stock.
Hudson Technologies, Inc. (HDSN) is a leader in refrigerant management and HVAC solutions, providing critical services to commercial and commercial refrigeration sectors. This page aggregates all official news releases and updates directly from the company, offering stakeholders a centralized resource for tracking operational developments.
Investors and industry professionals will find timely updates on earnings reports, strategic partnerships, and regulatory compliance initiatives. The curated collection includes announcements related to refrigerant reclamation advancements, sustainability efforts, and technology deployments like the SmartEnergy OPS monitoring platform.
Key content categories cover quarterly financial results, product launches, and industry recognition, ensuring comprehensive coverage of Hudson Technologies' market activities. Regular visitors gain insights into the company’s role in shaping environmentally responsible refrigeration practices and maintaining operational excellence across its nationwide service network.
Bookmark this page for streamlined access to verified HDSN announcements. Check back frequently to stay informed about developments impacting the industrial refrigeration and HVAC sectors.
Hudson Technologies, Inc. reported a decrease in revenues by 15% in the first quarter of 2024 compared to the same period in 2023. Gross margin decreased to 33%, and operating income also saw a decline. Net income fell to $9.6 million from $15.5 million in 2023. Despite challenges in the selling season due to lower refrigerant prices, the company anticipates full-year revenue in the range of $250 to $265 million with a gross margin below the target of 35%. Hudson remains optimistic about the phasedown of HFC and the potential for increased profitability.
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