Hudson Technologies(US:HDSN) Globenewswire·2026-03-04 21:05Core Viewpoint - Hudson Technologies, Inc. reported strong financial results for the fourth quarter and full year 2025, highlighting significant revenue growth and successful acquisitions, while also facing challenges related to increased costs and operational losses. Financial Performance - Fourth quarter revenue increased by 28% to $44.4 million compared to $34.6 million in the same period of 2024 [6][7] - Annual revenue for 2025 reached $246.6 million, a 4% increase from $237.1 million in 2024, driven by a 6% growth in sales volume [13] - Gross margin for the fourth quarter was 8.0%, down from 16.7% in the fourth quarter of 2024, impacted by $4.2 million in inventory-related costs [7] - The company reported an operating loss of $11.2 million for the fourth quarter, compared to a loss of $3.2 million in the prior year [12] Refrigerant Reclamation and Market Strategy - The company achieved an 18% growth in refrigerant reclamation volume for the second consecutive year, which is a key component of its long-term strategy [2] - Hudson Technologies has expanded its capabilities and geographic reach in securing recovered refrigerants, bolstered by acquisitions of USA Refrigerants in 2024 and Refrigerants Inc. in December 2025 [2] Capital Allocation and Share Repurchase - The company maintained a strong cash position of $39.5 million as of December 31, 2025, and repurchased $14 million of common stock in the fourth quarter [3][4] - The board approved a share repurchase authorization of up to $20 million for both 2025 and 2026 [4] Future Outlook - Hudson Technologies anticipates low-to-mid single-digit revenue growth in the first quarter of 2026 despite initial inefficiencies from a new ERP system implemented on February 1, 2026 [9] - The company remains committed to expanding its leadership in lifecycle refrigerant management as the phase-out of HFC refrigerants continues [5]