Hudson Technologies Q2 EPS $0.41 Beats $0.37 Estimate, Sales $90.47M Miss $93.30M Estimate
Portfolio Pulse from bharat@benzinga.com
Hudson Technologies (NASDAQ:HDSN) reported Q2 earnings of $0.41 per share, beating the analyst consensus estimate of $0.37 by 10.81%. However, this is a 30.51% decrease from the same period last year. The company's quarterly sales were $90.47 million, missing the analyst consensus estimate of $93.30 million by 3.03%, and marking a 12.96% decrease from the same period last year.
August 04, 2023 | 12:08 pm
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Hudson Technologies reported Q2 earnings that beat estimates but were lower than last year. Sales missed estimates and were also lower than last year.
The company's earnings beat estimates, which is positive, but the fact that they are lower than last year's earnings is negative. The missed sales estimates and decrease from last year's sales are also negative. These factors could negatively impact the company's stock price in the short term.
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