Core Insights - Hudson Technologies reported a solid second quarter despite a slow start to the core selling season, with revenues slightly decreasing compared to the same period in 2024 [1][6] - The company achieved a gross margin of 31%, primarily due to increased pricing of certain refrigerants and improved sourcing of recovered refrigerants [1][7] - Hudson's national reclamation business is growing, attributed to its enhanced market presence and the strategic acquisition of USA Refrigerants [1][3] Financial Performance - For the second quarter ended June 30, 2025, Hudson reported revenues of $72.8 million, a decrease of 3% from $75.3 million in the same period of 2024 [6][7] - The net income for the second quarter was $10.2 million, or $0.23 per diluted share, compared to $9.6 million, or $0.21 per diluted share in the prior year [6][7] - For the first six months of 2025, revenues totaled $128.2 million, down 9% from $140.5 million in the first half of 2024 [5][14] Operational Highlights - The company ended the quarter with $84.3 million in cash and no debt, reflecting a strengthened unlevered balance sheet [4][9] - Selling, general and administrative expenses increased slightly to $9.3 million in the second quarter compared to $9.0 million in the same period of 2024 [7][14] - Hudson Technologies is focused on meeting refrigerant and reclamation needs, leveraging long-standing customer relationships [2][3] Strategic Positioning - The ongoing phase-down of HFCs presents a significant long-term growth opportunity for reclaimed HFCs, as demand will increase while the supply of newly manufactured HFCs becomes limited [3][4] - The company is committed to investing in organic growth, pursuing acquisitions, and opportunistically repurchasing stock to enhance shareholder value [4][12]

Company Overview - Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services in the Heating Ventilation Air Conditioning and Refrigeration industry [3] - The company has been a pioneer in refrigerant reclamation in the U.S., investing multimillion dollars in advanced separation technology to recover and restore refrigerants to industry standards [3] - Hudson Technologies offers a range of services including refrigerant and industrial gas sales, refrigerant management services, and predictive diagnostic services [3] Upcoming Events - Hudson Technologies will host a conference call and webcast on July 30, 2025, at 5:00 p.m. Eastern Time to discuss its second quarter 2025 results [1] - A replay of the teleconference will be available until August 29, 2025, accessible by dialing specific numbers with a conference ID [2]

Company Overview - Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services in the Heating Ventilation Air Conditioning and Refrigeration industry [3] - The company has been a pioneer in refrigerant reclamation in the United States, investing multimillion dollars in advanced separation technology to recover a variety of refrigerants [3] - Hudson Technologies offers a range of services including refrigerant and industrial gas sales, refrigerant management services, and on-site RefrigerantSide® Services for system decontamination [3] Upcoming Events - Hudson Technologies will host a conference call and webcast on May 7, 2025, at 5:00 p.m. Eastern Time to discuss its first quarter 2025 results [1] - A replay of the teleconference will be available until June 6, 2025, accessible by dialing (877) 481-4010 for domestic callers and (919) 882-2331 for international callers [2]