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Perma-Fix Environmental Services, Inc. - PESI STOCK NEWS

Welcome to our dedicated news page for Perma-Fix Environmental Services (Ticker: PESI), a resource for investors and traders seeking the latest updates and insights on Perma-Fix Environmental Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Perma-Fix Environmental Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Perma-Fix Environmental Services's position in the market.

News
Perma-Fix Successfully Completes Pilot Plant Testing and Unveils New Process for Destruction of PFAS “Forever Chemicals”
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (PESI) has successfully completed pilot plant testing for a new process to destroy PFAS 'forever chemicals'. The process shows high effectiveness, aiming to eliminate PFAS compounds by 99.9999% at a competitive price, reducing environmental liability. The potential market applications include liquids, solids, soils, biosolids, and sludges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.79%
Tags
none
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News
Perma-Fix to Present at the 10th Annual Gabelli & Company Waste Services Symposium in New York City on April 4th
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (PESI) CEO Mark Duff to present at the 10th Annual Gabelli & Company Waste Services Symposium. The event will focus on waste, water treatment, and environmental themes, highlighting industry dynamics and new technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
Tags
conferences
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News
Perma-Fix Achieves 36% Year-Over-Year Increase in Revenue to $22.7 Million for the Fourth Quarter of 2023
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (PESI) reports a significant increase in gross profit of 113% over the same period last year. The company achieved a revenue increase of 35.6% for the fourth quarter and 27.1% for the full year of 2023. There are positive financial results, with a focus on key initiatives for future growth in 2024 and 2025. Notable achievements include new contracts, joint venture awards, and advancements in waste treatment technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.83%
Tags
none
News
Perma-Fix Schedules Fourth Quarter and Fiscal 2023 Business Update Conference Call
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (PESI) will host a conference call on March 13, 2024, led by key executives to discuss strategic initiatives and financial updates. The call will be accessible via webcast and telephone, providing investors with valuable insights into the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.23%
Tags
earnings
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News
Perma-Fix Joint Venture Receives Formal Award of European Waste Treatment Contract Valued at up to EUR 50 Million
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) has been awarded a multi-year contract by the European Commission valued at up to EUR 50 million for the treatment of radioactive waste from the Joint Research Center in Ispra, Italy. The contract is awarded to the Company's joint venture with Campoverde Srl, opening up revenue potential and expansion opportunities in Europe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
none
-
News
Perma-Fix Joint Venture Receives Notice of Intent to Award European Waste Treatment Contract Valued at up to EUR 50 Million
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) has been awarded a multi-year contract by the European Commission valued at up to EUR 50 million for the treatment of radioactive waste. The company also provided an update on the Test Bed Initiative for offsite treatment and disposal of Hanford Low Activity Waste, stating that the United States Environmental Protection Agency released a proposal to grant a treatability variance from the Land Disposal Restrictions treatment standards for the U.S. Department of Energy for approximately 2,000 gallons of mixed low-activity waste from the Hanford Site in Washington State.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.55%
Tags
none
News
Perma-Fix Reports 18% Year-Over-Year Increase in Revenue to $21.9 Million for the Third Quarter of 2023
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. reported a solid quarter with an 18.4% increase in revenue to $21.9 million. Gross profit increased by 48.2% and net income reached $341,000. The company achieved $1.2 million of EBITDA for the third quarter. They also announced a $40 million, 5-year contract for environmental remediation at the Niagara Falls Storage Site.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.69%
Tags
none
-
News
Perma-Fix Schedules Third Quarter 2023 Business Update Conference Call
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) will host a conference call on November 2, 2023, at 11:00 AM Eastern Time. The call can be accessed via webcast or telephone, and will be led by CEO Mark J. Duff, EVP Dr. Louis F. Centofanti, and CFO Ben Naccarato. A webcast will be archived on the company's website and a telephone replay will be available until November 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
earnings
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News
Perma-Fix Joint Venture Awarded $40 Million, 5-Year USACE Contract for Environmental Remediation at the Niagara Falls Storage Site
Rhea-AI Summary
Perma-Fix Environmental Services, Inc. announced that its joint venture, Enviro-Fix Solutions, LLC, has been awarded a $40 million, 5-year contract for environmental remediation at the Niagara Falls Storage Site.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.47%
Tags
none
News
Perma-Fix Reports 29% Increase in Revenue to $25 Million for the Second Quarter of 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
Tags
none
Stock PESI logo
Perma-Fix Environmental Services, Inc.

Nasdaq:PESI

PESI Rankings

#3950 Ranked by Market Cap
#114 Ranked by Stock Gains
N/A Ranked by Dividends

PESI Stock Data

163.37M
12.42M
9.13%
39.11%
1.29%
Materials Recovery Facilities
Administrative and Support and Waste Management and Remediation Services
Link
US
Atlanta

About PESI

an integrated nationwide network of treatment, storage and disposal facilities, transportation services, engineering consultants, site remediation teams, and government service centers provides you with comprehensive, cost effective waste management services.