Hudson Technologies Inc. is a leading provider of innovative solutions in the HVAC and refrigeration industries, specializing in the recycling and reclaiming of refrigerants
The company focuses on promoting environmental sustainability through its advanced technologies and services, which help businesses manage their refrigerant inventory and comply with regulatory requirements. Hudson Technologies also offers technical support and product development services, aiming to enhance the efficiency and performance of cooling systems while minimizing their impact on the environment. Their commitment to sustainability and customer service positions them as a key player in the evolving landscape of clean energy solutions.
Let’s dig into the relative performance of Hudson Technologies (NASDAQHDSN) and its peers as we unravel the now-completed Q3 specialty equipment distributors earnings season.
Let’s dig into the relative performance of H&E Equipment Services (NASDAQHEES) and its peers as we unravel the now-completed Q3 specialty equipment distributors earnings season.
Shareholders of Hudson Technologies would probably like to forget the past six months even happened. The stock dropped 38.6% and now trades at $5.89. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty equipment distributors industry, including Karat Packaging (NASDAQKRT) and its peers.
Shares of refrigerant services company Hudson Technologies (NASDAQHDSN) fell 21.2% in the morning session after the company reported weak third-quarter earnings that missed analysts' sales expectations.
Management attributed the softness to ongoing pricing pressure on certain refrigerants throughout the 2024 cooling season. The weakness was also partly attributed to lower revenue from certain contracts. Overall, this was a weaker quarter.
Refrigerant services company Hudson Technologies (NASDAQHDSN) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 19% year on year to $61.94 million. Its GAAP profit of $0.17 per share was 7.9% above analysts’ consensus estimates.
On the surface, Ashtead Group’s robust bottom line as a premier construction and industrial equipment provider in the United States and United Kingdom may be very enticing.
Shares of HighPeak Energy, Inc. (NASDAQHPK) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter revenue results.
