Hudson Technologies (NASDAQ:HDSN – Get Free Report) issued its earnings results on Wednesday. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07), FiscalAI reports. The firm had revenue of $59.42 million for the quarter, compared to analysts’ expectations of $77.96 million. Hudson Technologies had a positive return on equity of 0.80% and a negative net margin of 0.54%.
Here are the key takeaways from Hudson Technologies’ conference call:
- Negative Sentiment: Third-quarter revenue fell 20% year over year to $59.4 million, with sales volume down 9% and average selling prices down 17% amid ample channel inventory and weak HFC pricing. Net income declined to $2.0 million, or $0.05 per diluted share, from $12.4 million, or $0.27, a year earlier.
- Positive Sentiment: Management intentionally prioritized profitable sales over volume, helping gross margin reach 25%, ahead of expectations, while reaffirming its 2026 gross-margin target in the low-to-mid-20% range. The company also ended the quarter debt-free with $35.3 million in cash, up $10 million sequentially.
- Positive Sentiment: Hudson re-awarded its $210 million Defense Logistics Agency contract for five years through July 2031, with a potential extension through July 2036; the contract contributed $11 million of third-quarter revenue.
- Positive Sentiment: The company signed a joint development agreement with Icorium to commercialize technology for separating complex refrigerant mixtures, which management believes could improve recovery yields, reduce inventory and destruction costs, and strengthen Hudson’s competitive position.
- Neutral Sentiment: Management said pricing has stabilized and expects 2027 pricing to be broadly similar to 2026, but demand remains muted—particularly in residential and light commercial markets. Year-to-date sales volume was still up 9%, and potential longer-term demand drivers include data centers, HFO blends containing HFCs, and new reclaimed-refrigerant rules in California and New York beginning in January 2027.
Hudson Technologies Price Performance
Shares of NASDAQ:HDSN traded down $0.12 during midday trading on Friday, reaching $4.30. The company had a trading volume of 1,072,924 shares, compared to its average volume of 450,683. Hudson Technologies has a one year low of $4.10 and a one year high of $9.18. The stock’s fifty day moving average price is $5.24 and its 200-day moving average price is $5.95. The stock has a market capitalization of $181.20 million, a P/E ratio of -214.75 and a beta of 0.83.
Analysts Set New Price Targets
HDSN has been the subject of several recent research reports. Canaccord Genuity Group decreased their price target on shares of Hudson Technologies from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Thursday. B. Riley Financial lowered their price objective on shares of Hudson Technologies from $7.25 to $6.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Weiss Ratings lowered shares of Hudson Technologies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Hudson Technologies presently has a consensus rating of “Hold” and an average target price of $7.50.
Read Our Latest Analysis on HDSN
Insider Buying and Selling at Hudson Technologies
In other Hudson Technologies news, major shareholder Hartree Partners, Lp purchased 118,549 shares of the stock in a transaction dated Thursday, September 24th. The shares were bought at an average cost of $5.10 per share, with a total value of $604,599.90. Following the completion of the acquisition, the insider owned 5,348,517 shares of the company’s stock, valued at approximately $27,277,436.70. This trade represents a 2.27% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders purchased a total of 254,327 shares of company stock worth $1,339,392 over the last quarter. Insiders own 1.90% of the company’s stock.
Hudson Technologies Company Profile
Hudson Technologies, Inc (NASDAQ:HDSN) provides refrigerant products and services for the heating, ventilation, air conditioning and refrigeration (HVACR) industry. The company supplies reclaimed and recycled refrigerants, as well as virgin refrigerants and related products, to customers that operate or service commercial, industrial and residential cooling systems.
Its services include refrigerant reclamation, refrigerant management, cylinder management, technical support and logistics.
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