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CDT Environmental Technology Announces New Strategic Growth Initiatives, Enters Clean Energy Market with Waste-to-Hydrogen Technology
Globenewswire· 2025-11-20 13:30
Company leverages collaboration with Guangzhou Institute of Energy Conversion, Chinese Academy of Sciences, to convert urban and rural organic waste into green hydrogenSHENZHEN, China, Nov. 20, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holding Co., Ltd. (NASDAQ: CDTG) (the "Company" or "CDT"), an environmental company focused on urban and rural organic waste treatment, today announced a new strategic growth initiative with its official entry into the green hydrogen sector. The Company ...
CDT Environmental Technology Announces New Strategic Growth Initiatives, Enters Clean Energy Market with Waste-to-Hydrogen Technology
Globenewswire· 2025-11-20 13:30
SHENZHEN, China, Nov. 20, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holding Co., Ltd. (NASDAQ: CDTG) (the "Company" or "CDT"), an environmental company focused on urban and rural organic waste treatment, today announced a new strategic growth initiative with its official entry into the green hydrogen sector. The Company, building upon its initial R&D investments and collaborations with leading scientific organizations and government regulatory bodies, is positioning itself to become a ...
374Water (SCWO) - 2025 Q3 - Earnings Call Transcript
2025-11-12 22:30
374Water (NasdaqCM:SCWO) Q3 2025 Earnings Call November 12, 2025 04:30 PM ET Speaker4Greetings, and welcome to the 374Water Q3 2025 financial results conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded. At this time, I will hand the call over to Jim Sacardi, Senior Vice President of Investor Relations at 374Water. Please go ahead, sir.Speaker1Thank you, Operator. Before ...
374Water Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-12 21:01
Third Quarter Revenues Increased to $0.8 Million Due to Higher Service Revenues and Expects 2025 Full Year Revenues of Approximately $4 MillionFortified Balance Sheet Including $7.0 Million ATM Facility Extends Cash Runway into Q2 2026 Management to Host Webcast and Conference Call Today at 4:30 p.m. ET DURHAM, N.C., Nov. 12, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) ("374Water" or the "Company"), a global leader in organic waste destruction technology and services for the industrial, municipal, ...
Perma-Fix Environmental Services(PESI) - 2025 Q3 - Earnings Call Transcript
2025-11-10 16:00
Financial Data and Key Metrics Changes - Revenue for Q3 2025 was reported at $16.5 million, a slight decrease from $16.8 million in the same period last year, while gross profit more than doubled to $2.6 million from $1.3 million a year ago [5] - Gross margin expanded to 14.6% from 7.9%, driven by higher waste volumes and a favorable mix within treatment operations, despite increased fixed costs [5] - EBITDA showed meaningful improvement compared to the prior quarter, reflecting stronger throughput and execution discipline [5] Business Line Data and Key Metrics Changes - The treatment segment revenue increased by 45% year over year to $13.1 million, up from $9.1 million in Q3 2024, with gross margin improving to 17.3% from 4.5% [6] - Waste sales totaled $14.6 million, a 74% increase from $8.4 million in the same period last year [6] - Treatment backlog ended the quarter at $15.4 million, up from $7.9 million a year ago, indicating strong visibility into future revenue [6] Market Data and Key Metrics Changes - International waste shipments are on schedule and expected to continue into the first half of 2026, contributing to backlog stability and revenue diversity [7] - The Department of Energy's Direct Feed Low-Activity Waste facility initiated hot commissioning, marking a significant milestone in environmental cleanup efforts [7][8] Company Strategy and Development Direction - The company is positioned as a critical commercial link in the DOE's waste treatment chain, which is expected to provide long-term recurring revenue as the DOE's cleanup mission advances [8] - The PFAS destruction initiative is advancing technically and commercially, with the first-generation Perma-Fast system achieving complete destruction of PFAS compounds at a cost advantage to incineration [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's operational progress and margin expansion, highlighting the importance of automation and digital scheduling in improving productivity [6] - The company is prepared to meet DOE throughput requirements while maintaining excellent safety performance, indicating a strong operational foundation for future growth [8] Other Important Information - The company completed a union transition that improved labor stability and increased hiring efficiency, allowing for multi-shift operations [8] Q&A Session Summary - No specific questions or answers were provided in the available content, indicating that the Q&A session details are not included in the provided excerpts.
374Water Announces Minimum Equity Ownership Policy for Board of Directors
Globenewswire· 2025-10-15 20:01
Core Points - 374Water Inc. has implemented a minimum equity ownership policy for its Board Members to enhance alignment between shareholder and director interests [1][2][3] - Each Board Member is required to purchase a minimum of USD $50,000 worth of shares and maintain that ownership regardless of stock price fluctuations [2] - The policy aims to promote long-term value creation as the company commercializes its AirSCWO technology and focuses on strategic partnerships and capital initiatives [3] Company Overview - 374Water Inc. is a global leader in organic waste destruction technology, providing solutions for wastewater treatment and waste management in industrial, municipal, and federal markets [4] - The company's AirSCWO technology efficiently destroys and mineralizes a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [4] - 374Water is committed to innovative waste treatment solutions, aiming to create a greener future and eliminate harmful pollutants [4]
374Water to Host Third Quarter 2025 Results Conference Call on Wednesday, November 12, 2025 at 4:30 p.m. Eastern Time
Globenewswire· 2025-10-13 12:31
Core Points - 374Water Inc. has appointed Stephen Jones as the Interim President and CEO, who will provide a strategic business update during a conference call scheduled for November 12, 2025 [1][2] - The company aims to discuss its third-quarter financial results for the period ending September 30, 2025, along with recent executive management changes and a strengthened balance sheet [1][2] Company Overview - 374Water Inc. is a global leader in organic waste destruction technology and services, focusing on municipal, federal, and industrial markets [3] - The company's AirSCWO technology is designed to efficiently destroy and mineralize a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [3] - 374Water's solutions help customers meet discharge requirements, reduce disposal costs, and mitigate litigation risks, contributing to a greener future by eradicating harmful pollutants [3]
CDT Environmental Technology Announces Results of Extraordinary General Meeting
Prism Media Wire· 2025-09-26 20:02
Core Viewpoint - CDT Environmental Technology Investment Holdings Limited held an extraordinary general meeting (EGM) on September 23, 2025, where significant resolutions regarding share capital and amendments to the company's articles of association were passed [3][4]. Share Capital Changes - The authorized share capital of the company has been increased to US$250,000, divided into 94,000,000 class A ordinary shares and 6,000,000 class B ordinary shares [4][5]. - A total of 18,800,000 existing ordinary shares will be re-designated as class A ordinary shares, while 1,200,000 authorized but unissued ordinary shares will be cancelled and replaced with class B ordinary shares, which will have enhanced voting rights [5][6]. - The EGM saw 5,894,505 shares voted, representing approximately 47.83% of the outstanding shares as of the record date [4][6]. Company Overview - CDT is a leading provider of waste treatment systems and services in China, focusing on sustainable development through innovative solutions [7][8]. - The company has completed over 150 plants across China and aims to advance next-generation technologies to address environmental challenges [8].
374Water Appoints Jim Siccardi as Senior Vice President of Investor Relations
Globenewswire· 2025-09-22 12:31
Core Insights - 374Water Inc. has appointed Jim Siccardi as the new Senior Vice President of Investor Relations, bringing over 20 years of experience in enhancing shareholder value and strategic growth [1][2][3] Company Overview - 374Water Inc. is a global leader in organic waste destruction technology and services, focusing on municipal, federal, and industrial markets [1][6] - The company's AirSCWO technology efficiently destroys and mineralizes a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [6] Leadership and Strategy - Jim Siccardi's previous experience includes roles at Energy Recovery and Occidental Petroleum, where he successfully transformed investor relations and significantly increased market value [2][3] - The CEO of 374Water, Chris Gannon, expressed confidence in Siccardi's ability to connect with investors and enhance the company's narrative during a pivotal time [3][4] Market Potential - Siccardi highlighted the strong demand for 374Water's products, driven by regulatory changes, particularly regarding Per- and Polyfluoroalkyl Substances (PFAS) [5] - The company aims to improve waste treatment quality and capitalize on the growing need for its innovative solutions in the waste management sector [5][6]
374Water Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-08-12 20:01
Core Viewpoint - 374Water Inc. is experiencing strong momentum in its AirSCWO technology deployments, particularly in waste destruction projects, which are expected to drive future growth and operational success [2][6]. Operational Highlights - The company initiated a biosolids destruction project in Orlando, which is anticipated to expand in scope upon successful completion [2]. - Progress was made in manufacturing the AS6 System for deployment to Orange County Sanitation in the latter half of 2025 [2]. - An AS6 System was successfully delivered to Clean Earth's facility in Detroit as part of a Department of Defense project aimed at PFAS waste destruction [3]. - The company deployed its technology in a project at Colorado School of Mines, focusing on PFAS waste destruction solutions [4]. - The first phase of a biosolids destruction demonstration in Orlando was completed, achieving non-detectable PFAS levels in effluent [7]. Financial Summary - For Q2 2025, revenue reached $600,000, a significant increase from $37,000 in the same period last year, primarily driven by waste destruction services and equipment manufacturing [9]. - Operating expenses rose by 45% to $4.4 million, attributed to increased compensation and administrative costs [9]. - The net loss for Q2 2025 was $4.6 million, compared to $2.9 million in the prior year [9]. - Cash and cash equivalents decreased to $2.1 million from $10.7 million at the end of 2024, with working capital also declining [11]. Strategic Developments - The company signed a Waste Destruction Services term sheet with a leading environmental solutions provider to enhance its operational capabilities [10]. - New board appointments include Stephen Jones and James Pawloski, who bring extensive industry experience to support the company's growth [5]. Future Outlook - The company anticipates completing the manufacturing of an AS1 system and launching initial Waste Destruction Services operations in the second half of 2025 [6]. - Continued advancements in the AirSCWO technology are expected to generate demand across municipal, federal, and industrial waste destruction markets [6].