Financial Performance - First quarter 2025 revenue was $55.3 million, a decrease of 15% compared to $65.3 million in the same period of 2024[7] - Gross margin for the first quarter of 2025 was 22%, down from 33% in the first quarter of 2024, primarily due to price-driven compression[7] - Operating income decreased to $3.1 million in Q1 2025 from $12.8 million in Q1 2024[7] - Net income for the first quarter of 2025 was $2.8 million, or $0.06 per share, compared to $9.6 million, or $0.21 per share, in the same period of 2024[7] - Selling, general and administrative expenses rose slightly to $8.2 million in Q1 2025 from $7.9 million in Q1 2024[7] Cash and Capital Management - Cash and cash equivalents increased to $81 million as of March 31, 2025, with no debt reported[5] - The company repurchased $4.5 million of common stock under its stock buyback plan in 2025[5] - The company remains focused on capital allocation strategies, including organic growth and acquisition opportunities[5] Strategic Initiatives - The strategic acquisition of USA Refrigerants has strengthened the company's reclamation business and capabilities[3] - The ongoing phase down of HFC refrigerants under the AIM Act is expected to create long-term growth opportunities for the reclamation business[4]

Core Insights - Hudson Technologies, Inc. reported a revenue of $55.3 million for Q1 2025, a decrease of 15% compared to $65.3 million in Q1 2024, primarily due to lower refrigerant prices despite a slight increase in sales volume [9][16] - The gross margin for Q1 2025 was 22%, down from 33% in the same period last year, largely driven by price compression in the refrigerant market [9][16] - The company has a strong balance sheet with $81 million in cash and no debt as of March 31, 2025, and has repurchased $4.5 million of common stock in 2025 [4][8] Financial Performance - Revenues for Q1 2025 were $55.3 million, down 15% from $65.3 million in Q1 2024 [9][16] - Gross profit decreased to $12.1 million in Q1 2025 from $21.4 million in Q1 2024, reflecting the decline in gross margin [9][16] - Operating income fell to $3.1 million in Q1 2025 from $12.8 million in the prior year [9][16] - Net income for Q1 2025 was $2.8 million, or $0.06 per share, compared to $9.6 million, or $0.21 per share, in Q1 2024 [9][16] Market and Strategic Insights - The company anticipates continued growth in its reclamation business due to the phase-down of HFC refrigerants under the AIM Act, which is expected to reduce the supply of virgin HFCs [3] - Several states are implementing requirements for the use of reclaimed refrigerants in municipal buildings, creating additional demand opportunities [3] - Hudson Technologies is focused on responsible refrigerant management and has strengthened its capabilities through the acquisition of USA Refrigerants [2][3] Cash Flow and Capital Allocation - Cash provided by operating activities was $14.2 million in Q1 2025, compared to a cash used of $0.9 million in the same period last year [19] - The company invested $1.4 million in property, plant, and equipment during the quarter [20] - Hudson Technologies continues to pursue a capital allocation strategy that includes organic growth investments, acquisitions, and stock repurchases [4][8]

Core Viewpoint - Hudson Pacific Properties, Inc. (HPP) is trading at a significant discount, approximately 30% of its Net Asset Value (NAV), but this discount may be misleading due to high leverage and the overall capital structure [1][12]. Valuation Metrics - The consensus NAV for HPP is $7.61, while the stock is trading at $2.32, indicating a price to NAV of 29.71% [2][4]. - The market capitalization of fully diluted common shares is $338 million, with a NAV implied common value of $1.109 billion [7][8]. Financial Structure - HPP's total liabilities, including preferred shares, amount to $5.379 billion, with total debt at $4.176 billion [5][6]. - The asset value at NAV is $6.488 billion, while the market price implied asset value is $5.717 billion, resulting in a discount of 12% from asset value [10]. Leverage Impact - HPP's high leverage means that an 18% decline in asset value could lead to common shares being wiped out, taking NAV per share to $0 [12][13]. - The leverage amplifies both potential gains and losses, making the investment sensitive to changes in asset value [16]. Investment Thesis - For HPP to be a viable investment, there must be a belief in a turnaround story, particularly in stabilizing occupancy and returning to growth in office assets [14][15]. - The potential for significant returns exists if the office market improves, as leverage could enhance the gains on common stock [16].

Group 1 - The Conservative Income Portfolio targets value stocks with high margins of safety and aims to reduce volatility through well-priced options [1][4] - The Enhanced Equity Income Solutions Portfolio is designed to generate yields of 7-9% while minimizing volatility [1] - Trapping Value provides Covered Calls and focuses on capital preservation through lower volatility income investing [3][4] Group 2 - The fixed income portfolio emphasizes buying securities with high income potential and significant undervaluation compared to peers [3] - Trapping Value's team has over 40 years of combined experience in generating options income while prioritizing capital preservation [4]

ALBANY, N.Y., March 20, 2025 /PRNewswire/ -- M&T Bank (NYSE: MTB) has announced Charles Pinckney, Regional President for Albany, will take on the additional responsibility of Regional President for M&T Bank's Hudson Valley region. Pinckney has assumed these additional responsibilities to help strengthen M&T's presence in the community and enhance service to customers throughout the region. Pinckney succeeds Mark Stellwag, who announced his planned retirement at the end of 2024. Charles Pinckney, M&T Ban ...

I wrote about Hudson Technologies (NASDAQ: HDSN ) earlier in January; since then, the company is marginally up by ~2% as compared to S&P500, which is down by ~7%. At that time, I highlighted that HDSN is going through and should continue to witness headwindsI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catalyst i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 1-13412 Hudson Technologies, Inc. (Exact name of registrant as specified in its charter) New York 13-3641 ...

Hudson Technologies (HDSN) reported a loss per share of 6 cents in fourth-quarter 2024, which was wider than the Zacks Consensus Estimate of a loss of 2 cents. The company reported earnings of 8 cents in the year-ago quarter.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Hudson’s quarterly revenues dipped 23% year over year to $35 billion. The top line missed the consensus estimate of $38 billion. The year-over-year decline in sales was attributed to a decrease in selling prices for ...

Hudson Technologies, Inc. (NASDAQ:HDSN) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Jen Belodeau - IMS Investor Relations Brian Coleman - Chairman, President and Chief Executive Officer Brian Bertaux - Chief Financial Officer Conference Call Participants Gerry Sweeney - ROTH Capital Partners Ryan Sigdahl - Craig-Hallum Capital Group Josh Nichols - B. Riley Securities Austin Moeller - Canaccord Genuity Jen Belodeau Good evening, and welcome to our conference call to discuss ...

Hudson Technologies (HDSN) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -200%. A quarter ago, it was expected that this refrigerant services company would post earnings of $0.16 per share when it actually produced earnings of $0.17, delivering a surprise of 6.25%.Over the last four qua ...