Quarterly ResultAug 7, 2026, 04:13 PM
Hudson Technologies Re-awarded DLA Contract; Q2 Net Income Down 51%
AI Summary
Hudson Technologies was re-awarded its previously disputed DLA contract on August 4, 2026, securing a term through August 2031 with a five-year extension option. For the second quarter of 2026, the company reported a 7.5% increase in revenues to $78.3 million, but net income decreased by 51.3% to $4.9 million. Diluted EPS for the quarter was $0.12, down from $0.23 in the prior year.
Key Highlights
- Re-awarded DLA contract through August 2031, with a 5-year option.
- Q2 2026 Revenues increased 7.5% to $78.3 million.
- Q2 2026 Net income decreased 51.3% to $4.9 million.
- Q2 2026 Diluted EPS was $0.12, down from $0.23.
- Six-month revenues increased 8.0% to $138.5 million.
- Six-month net income decreased 59.2% to $5.3 million.
- Cash and cash equivalents were $25.6 million as of June 30, 2026.
- Repurchased $2.5 million in common shares in six months.
Price Impact
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