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Hudson Technologies Inc - HDSN STOCK NEWS

Welcome to our dedicated page for Hudson Technologies news (Ticker: HDSN), a resource for investors and traders seeking the latest updates and insights on Hudson Technologies stock.

Hudson Technologies Inc. (HDSN) is a leading American industrial products manufacturer known for its focus on refrigerants and their impact on chiller performance. The company offers a comprehensive range of services including refrigerant sales, reclamation services, on-site problem solving, and energy-saving assessments, ensuring systems operate at peak efficiency.

One of Hudson Technologies' standout offerings is its Platinum Reclamation Program, a one-stop-shop service for refrigerant recycling. This program has positioned Hudson Technologies as the largest reclamation company in the country. The company also sells refrigerants in various container sizes, from small 30-pound cylinders to large rail cars, catering to diverse customer needs.

Hudson Technologies is renowned for its on-site refrigerant services available nationwide, providing critical support in emergency situations. The company's proprietary Zugibeast system allows for rapid system decontamination at a customer's site, thus accelerating service delivery while saving time and money.

Additionally, Hudson Technologies offers a web-based real-time monitoring service for facility refrigeration and other energy systems, enhancing operational efficiency and reliability. Their commitment to innovation and customer service has made them an industry leader.

Recent achievements include expansions in service offerings and strategic partnerships to further solidify their market presence. Financially, Hudson Technologies continues to show strong performance, underscored by steady revenue growth and a robust market position.

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Hudson Technologies, Inc. (NASDAQ: HDSN) announces participation in the 14th Annual Craig-Hallum Alpha Select Conference. President and CEO, Brian Coleman, and CFO, Nat Krishnamurti, will attend for one-on-one meetings, showcasing innovative and sustainable refrigerant products and services.
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Hudson Technologies, Inc. reported revenues of $76.5 million for Q3 2023, a decrease of 15% compared to Q3 2022. Gross margin was 40%, operating income was $23.1 million, and net income was $13.6 million. For the nine months ended September 30, 2023, revenues were $244.2 million, a decrease of 12% compared to the same period in 2022. Stockholders' equity improved to $224.6 million.
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Hudson Technologies announces that Kate Houghton, Vice President-Sales and Marketing, has been recognized as one of the Top Women in HVACR for 2023 by the ACHR NEWS. She will be featured in the October 23 issue and will be honored at an award ceremony in November.
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Hudson Technologies to host conference call and webcast to discuss third quarter 2023 results
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Hudson Technologies appoints Kathleen L. Houghton to its Board of Directors.
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Hudson Technologies joins the Cool Coalition to promote efficient and climate-friendly cooling.
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Hudson Technologies repays outstanding debt, resulting in $10 million annual savings on interest expense.
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Hudson Technologies Q2 2023 revenues decreased by 13% to $90.5 million compared to Q2 2022. Gross margin was 40%, down from 55% in Q2 2022. Operating income decreased to $27.7 million from $49.8 million. Net income was $19.2 million, down from $39.8 million. Total outstanding debt reduced to $32.5 million. Stockholders' equity improved to $211.5 million.
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Hudson Technologies, Inc. to discuss second quarter 2023 results in conference call and webcast on August 2, 2023.
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FAQ

What is the current stock price of Hudson Technologies (HDSN)?

The current stock price of Hudson Technologies (HDSN) is $5.29 as of December 20, 2024.

What is the market cap of Hudson Technologies (HDSN)?

The market cap of Hudson Technologies (HDSN) is approximately 240.7M.

What does Hudson Technologies Inc. specialize in?

Hudson Technologies specializes in refrigerants and services that impact chiller performance, including sales, reclamation, on-site problem solving, and energy-saving assessments.

What is the Platinum Reclamation Program?

The Platinum Reclamation Program is a comprehensive service for recycling refrigerants, positioning Hudson as the largest reclamation company in the country.

What is the Zugibeast system?

The Zugibeast system is Hudson Technologies' proprietary system for rapid and portable system decontamination performed at the customer's site.

What sizes of refrigerant containers does Hudson Technologies offer?

Hudson Technologies offers refrigerants in containers ranging from small 30-pound cylinders to large rail cars.

Does Hudson Technologies provide on-site services?

Yes, Hudson Technologies provides nationwide on-site refrigerant services, including in emergency situations.

What type of monitoring service does Hudson Technologies offer?

Hudson Technologies offers a web-based real-time monitoring service for facility refrigeration and other energy systems.

What industries use Hudson Technologies' products?

Hudson Technologies' products are used in commercial air conditioning, industrial processing, and refrigeration systems.

How has Hudson Technologies performed financially?

Hudson Technologies continues to show strong financial performance, with steady revenue growth and a robust market position.

Where can I buy Hudson Technologies' refrigerants?

You can buy Hudson Technologies' refrigerants through their sales channels in various container sizes to suit your needs.

What recent achievements has Hudson Technologies made?

Recent achievements include expanding service offerings and forming strategic partnerships to enhance their market presence.

Hudson Technologies Inc

Nasdaq:HDSN

HDSN Rankings

HDSN Stock Data

240.68M
39.68M
12.21%
74.57%
1.07%
Specialty Chemicals
Wholesale-machinery, Equipment & Supplies
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United States of America
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