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Hudson Tech reports 4Q loss

PEARL RIVER, N.Y. (AP) _ Hudson Technologies Inc. (HDSN) on Wednesday reported a loss of $1.9 million in its fourth quarter.

On a per-share basis, the Pearl River, New York-based company said it had a loss of 5 cents.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 5 cents per share.

The refrigerant services company posted revenue of $7.8 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $7.2 million.

For the year, the company reported profit of $10.6 million, or 30 cents per share. Revenue was reported as $105.5 million.

Hudson Tech shares have declined nearly 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.39, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HDSN at https://www.zacks.com/ap/HDSN


Keywords: Hudson Technologies, Earnings Report