Welcome to our dedicated page for Perma-Fix Environmental Svcs news (Ticker: PESI), a resource for investors and traders seeking the latest updates and insights on Perma-Fix Environmental Svcs stock.
Perma-Fix Environmental Services, Inc. reports developments in nuclear services, mixed waste treatment and environmental remediation. The company manages and treats radioactive and mixed waste for hospitals, research institutions, federal agencies and the commercial nuclear industry, and operates four nuclear waste treatment facilities. Its updates often address the Treatment Segment, the Services Segment, Perma-Fix Northwest, Hanford-related waste streams, facility permitting and waste processing capacity.
Recurring company news also covers project awards for demolition, decontamination, disposal and on-site waste management, including work at government and national laboratory sites. Perma-Fix updates its proprietary Perma-FAS PFAS destruction technology, business results, backlog, international project activity and investor presentations as part of its broader nuclear and environmental services platform.
Perma-Fix (NASDAQ: PESI) reported second quarter 2026 revenue of approximately $12.9 million, down from $14.6 million a year earlier, with a gross loss of $2.5 million and net loss of $6.2 million, or $(0.32) per basic share. Treatment Segment revenue fell to $8.3 million from $11.4 million, while Services Segment revenue rose to $4.6 million from $3.2 million.
The company highlighted key operational milestones, including a Master IDIQ Subcontract from Hanford Tank Waste Operations & Closure (H2C) for treatment and disposal of pretreated liquid mixed low-level waste, effective August 11, 2026, with task orders eligible January 1, 2027 through December 31, 2041. The multiple-award contract’s maximum ceiling of 50 million gallons and about $4.4 billion is shared among all holders, with no volumes committed to Perma-Fix. Perma-Fix Northwest began receiving liquid effluent waste from the DFLAW facility, helping drive a 29% increase in treatment backlog to roughly $15.7 million.
Services backlog exceeds $17 million over the next year. Perma-Fix’s Form 10-Q continues to disclose substantial doubt about its ability to continue as a going concern, though liquidity was bolstered by a May 2026 equity offering and an extension of its PNC credit facility maturity to May 2030.
Perma-Fix (Nasdaq: PESI) has been awarded a Master Indefinite Delivery/Indefinite Quantity (IDIQ) Subcontract by Hanford Tank Waste Operations & Closure (H2C) for treatment and disposal of pretreated liquid mixed low-level waste from the U.S. Department of Energy’s Hanford Site. The Master Subcontract is effective August 11, 2026, with task orders potentially issued from January 1, 2027 through December 31, 2041, and performance allowed up to five years beyond. Work will be performed at Perma-Fix Northwest in Richland, Washington, covering full lifecycle management from DOT-compliant transport through grouting and final offsite disposal. The multiple-award IDIQ has a shared ceiling of 50,000,000 gallons and $4,367,300,000, which does not represent committed volume or value to Perma-Fix. Perma-Fix must maintain the capability to treat 100,800 gallons per week and has invested in facility upgrades, large-scale equipment, workforce expansion, and rail access to support this program.
Perma-Fix Environmental Services (NASDAQ: PESI) rescheduled its second quarter 2026 business update conference call to 4:30 PM Eastern Time on Wednesday, August 12, 2026. Investors can join via webcast on the company’s investor website or by phone using the provided U.S. and international dial-in numbers and access code.
Perma-Fix Environmental Services (NASDAQ: PESI) will host a second quarter 2026 business update conference call on Tuesday, August 11, 2026 at 10:00 AM Eastern Time. Investors can access the live webcast via the company’s investor relations site or by phone using the listed U.S. and international dial-in numbers and access code. A webcast archive and telephone replay will be available through August 25, 2026.
Perma-Fix Environmental Services (NASDAQ: PESI) announced a strategic partnership with Mirion Technologies under the U.S. Small Business Administration’s Mentor-Protégé Program. The collaboration targets Department of Energy (DOE) and federal nuclear cleanup opportunities supporting the Office of Environmental Management’s mission to address Cold War nuclear legacy risks.
The partnership combines Perma-Fix’s 30+ years of nuclear waste treatment, environmental remediation, project management, and waste disposition capabilities with Mirion’s radiation detection, measurement, monitoring, and advanced nuclear instrumentation expertise. According to Perma-Fix, the partnership will focus on advanced waste characterization and segregation, radiological measurement and non-destructive assay, as well as waste processing, packaging, transportation, and disposal support. Management states the relationship aligns with Perma-Fix’s strategy to expand participation in long-duration nuclear cleanup and waste treatment programs and to better address emerging remediation opportunities at major DOE facilities, including Los Alamos National Laboratory.
Perma-Fix (Nasdaq:PESI) priced an underwritten public offering of 2,285,714 shares of common stock at $8.75 per share, for expected gross proceeds of about $20.0 million before fees. The underwriter has a 30-day option for 342,857 additional shares.
Closing is expected around May 18, 2026, subject to customary conditions. Perma-Fix plans to use net proceeds for capacity upgrades at its Northwest Richland facility, continued R&D of its patent-pending Perma-FAS PFAS destruction process, and general corporate and working capital purposes.
Perma-Fix (Nasdaq:PESI) has commenced an underwritten public offering of common stock, subject to market and other conditions. Completion, size, and terms are not yet assured.
According to Perma-Fix, net proceeds are intended for capacity upgrades at its Northwest Richland facility, development of its patent-pending Perma-FAS PFAS destruction process, and general corporate and working capital purposes. Craig-Hallum is sole managing underwriter, and the deal uses an effective Form S-3 shelf registration.
Perma-Fix (NASDAQ: PESI) reported Q1 2026 results and a strategic outlook on May 6, 2026. Revenue was $11.1 million versus $13.9 million a year earlier; net loss was approximately $7.5 million and net loss per share was $0.40. The company highlighted Hanford waste receipts, a mobilized Nuclear Services project, PFAS capacity expansion, and an expanded Northwest permit roughly tripling liquid mixed waste processing capacity.
The company said it expects improved operating performance beginning in Q2 2026 despite quarterly variability and disclosed going-concern uncertainties tied to cash flows and credit covenant compliance.
Perma-Fix Environmental Services (NASDAQ: PESI) will host a business update conference call on May 6, 2026 at 10:00 AM ET. The call will be led by CEO Mark J. Duff, EVP Louis F. Centofanti, and EVP/CFO Ben Naccarato. A live webcast and telephone replay will be available on the company website through May 20, 2026.
Perma-Fix Environmental Services (NASDAQ: PESI) said CEO Mark Duff and CFO Ben Naccarato will present at Gabelli Funds’ 12th Annual Waste & Environmental Services Symposium on April 9, 2026 at 1:30 PM ET in Midtown Manhattan.
Management will hold one-on-one investor meetings and the symposium will be available via webcast, covering industry dynamics, waste and sustainability investing, and business fundamentals.