Hudson Technologies Full Year 2024 Earnings: Misses Expectations

Hudson Technologies (NASDAQ:HDSN) Full Year 2024 Results

Key Financial Results

• Revenue: US$237.1m (down 18% from FY 2023).
• Net income: US$24.4m (down 53% from FY 2023).
• Profit margin: 10% (down from 18% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.54 (down from US$1.15 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hudson Technologies Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 4.6%.

In the last 12 months, the only revenue segment was Wholesale - Miscellaneous contributing US$237.1m. Notably, cost of sales worth US$171.4m amounted to 72% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$33.0m (80% of total expenses). Explore how HDSN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Trade Distributors industry in the US.

Performance of the American Trade Distributors industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Hudson Technologies that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.