EPA-Certified reclaimer and refrigerant distributor expands recovery network and geographic footprint WOODCLIFF LAKE, N.J., Dec. 17, 2025 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning and Refrigeration Industry – and one of the nation’s largest refrigerant reclaimers - has announced the acquisition of Refrigerants Inc., an EPA- certified reclaimer and refrigerant di ...

Pilot program establishes direct relationship between Hudson and HVAC contractors in California to increase residential recovery of HFC refrigerantsWOODCLIFF LAKE, N.J., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning and Refrigeration Industry – and one of the nation’s largest refrigerant reclaimers - has been named, after a competitive process, as one ...

WOODCLIFF LAKE, N.J., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Hudson Technologies, Inc. (NASDAQ: HDSN) announced that its board of directors has approved an increase to the Company’s share repurchase authorization. Hudson may now purchase up to $20 million in shares of its common stock during calendar year 2025, an increase from up to $10 million of outstanding common stock previously authorized for 2025. Furthermore, the board of directors authorized the Company to repurchase up to $20 million of outstanding com ...

Core Viewpoint - Hudson Technologies, Inc. has appointed Kenneth Gaglione as Chairman of the Board, President, and CEO, effective November 24, 2025, aiming to leverage his extensive experience for the company's growth in the HVAC sector [1][4]. Company Leadership - Kenneth Gaglione has a strong background in the refrigerants and specialty chemicals industries, having previously served as Vice President of Operations at Hudson Technologies from 2020 to 2023, where he led strategic production initiatives and improved supply chain capabilities [2][4]. - Gaglione's prior experience includes a role as Global Marketing Director at Honeywell International, overseeing aftermarket distribution and strategic planning for refrigerant product lines [3]. Strategic Focus - Under Gaglione's leadership, Hudson Technologies plans to emphasize organic growth within the HVAC sector while pursuing inorganic opportunities through strategic alliances and partnerships [4]. - The company aims to expand its position as a leading provider of innovative and sustainable refrigerant solutions [4]. Company Overview - Hudson Technologies is a prominent provider of sustainable refrigerant products and services, with nearly three decades of commitment to environmental standards and customer service [5]. - The company is recognized as one of the largest refrigerant reclaimers in the U.S., investing significantly in advanced separation technology for refrigerant recovery [5]. - Hudson's offerings include refrigerant and industrial gas sales, refrigerant management services, and web-based monitoring services for refrigeration systems [5].

Core Insights - Hudson Technologies reported strong financial results for Q3 2025, with a revenue growth of 20%, improved gross margin of 32%, and a net income increase of 59% to $12.4 million or $0.27 per diluted share [2][7][8] Financial Performance - For Q3 2025, revenues reached $74.0 million, up from $61.9 million in Q3 2024, driven by increased sales volume and higher average pricing for refrigerants [8][21] - Gross margin improved to 32.0% compared to 25.7% in Q3 2024, primarily due to favorable pricing conditions [8][21] - Operating income doubled to $14.0 million from $7.0 million in the prior year [8] - Selling, general and administrative expenses rose to $8.9 million from $8.1 million in Q3 2024 [8] Year-to-Date Results - For the nine months ended September 30, 2025, revenues were $202.2 million, slightly down from $202.5 million in the same period of 2024, attributed to a slight decrease in sales pricing [6][14] - Net income for the nine months was $25.3 million or $0.58 per basic share, compared to $27.0 million or $0.59 per basic share in the first nine months of 2024 [14][21] Strategic Developments - Hudson Technologies was awarded a $210 million contract to supply refrigerants and industrial gases to the U.S. military, reinforcing its long-standing partnership with the Defense Logistics Agency [4] - The company maintains a strong cash position of approximately $90 million and has no debt as of September 30, 2025 [5][9] Capital Allocation - The company continues to pursue a disciplined capital allocation strategy, focusing on organic growth, acquisition opportunities, and stock repurchases, having repurchased $5.8 million in common stock in 2025 [5]

Core Insights - Hudson Technologies, Inc. announced strong preliminary financial results for Q3 2025, with a revenue growth of 20% to $74.0 million compared to $61.9 million in Q3 2024, and a net income growth of 59% to $12.4 million, or $0.27 per diluted share [5] Leadership Changes - Brian Coleman has stepped down as Chairman and CEO effective immediately after leading the company since June 2020 [1][2] - Vincent Abbatecola, Lead Independent Director, expressed gratitude for Coleman's contributions, particularly during challenging times [3] - Brian Bertaux, CFO, will serve as interim CEO while the Board evaluates candidates for a permanent replacement [4] Financial Performance - The company expects to report a gross margin of 32% for Q3 2025 [5] - Full financial results will be announced on November 5, 2025 [5] Company Overview - Hudson Technologies is a leading provider of sustainable refrigerant products and services, focusing on the HVAC and refrigeration industry [6] - The company has invested significantly in advanced separation technology for refrigerant reclamation, positioning itself as one of the largest refrigerant reclaimers in the U.S. [6] - Its services include refrigerant management, system decontamination, and real-time monitoring of refrigeration systems [6]

Core Insights - Hudson Technologies, Inc. has been awarded a contract valued at approximately $210 million by the United States Defense Logistics Agency for a five-year base period, continuing its role as prime contractor since 2016 [1][2][3] Group 1: Contract Details - The contract is an indefinite delivery, indefinite quantity (IDIQ) agreement that includes a five-year renewal option, focusing on the management and supply of refrigerants, compressed gases, and related items to U.S. Military Commands and Federal civilian agencies [2] - Primary users of the contract include the U.S. Army, Navy, Air Force, and Marine Corps, highlighting the importance of Hudson's products in military operations [2] Group 2: Company Background - Hudson Technologies is recognized as a leading provider of innovative and sustainable refrigerant products and services, with nearly three decades of experience in the Heating, Ventilation, Air Conditioning, and Refrigeration industry [4] - The company has made significant investments in advanced separation technology to recover a wide variety of refrigerants, establishing itself as one of the largest refrigerant reclaimers in the U.S. [4] - Hudson's services include refrigerant management, reclamation, and various predictive and diagnostic service offerings, contributing to its commitment to environmental sustainability [4]

Core Viewpoint - Hudson Technologies, Inc. will host a conference call on November 5, 2025, to discuss its third quarter 2025 results [1] 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 significant player in refrigerant reclamation for nearly three decades, investing multimillion dollars in advanced separation technology [3] - Hudson Technologies offers a range of services including refrigerant and industrial gas sales, refrigerant management services, and system decontamination [3] - The company also provides SmartEnergy OPS®, a web-based real-time monitoring service, along with predictive and diagnostic services like Chiller Chemistry® and Chill Smart® [3] - Additionally, Hudson Technologies generates carbon offset projects as part of its service offerings [3]

Core Points - Hudson Technologies, Inc. will host a panel discussion titled "Reclaiming the Future Together™- Power On the Growth of Refrigerant Reclamation" on September 22, 2025, at NASDAQ MarketSite as part of Climate Week NYC 2025 [1][2] - The panel will address the economic benefits of refrigerant reclamation, stakeholder roles in raising awareness, and the environmental impact of refrigerant recovery and reuse [3] - The event will feature industry experts, including Brian F. Coleman, CEO of Hudson Technologies, who emphasizes the importance of responsible refrigerant management [3] Company Overview - Hudson Technologies is a leading provider of sustainable refrigerant products and services, recognized as one of the largest refrigerant reclaimers in the U.S. [6] - The company has invested significantly in advanced separation technology to recover various refrigerants, restoring them to standards for reuse as certified EMERALD Refrigerants™ [6] - Hudson's services include refrigerant management, reclamation, and predictive diagnostic offerings, contributing to carbon offset projects [6] Industry Context - Climate Week NYC 2025 will take place from September 21 to 28, featuring over 600 events aimed at fostering dialogue on climate policy among global leaders [7] - The event is organized by Climate Group in partnership with the United Nations General Assembly, highlighting the importance of collaboration across sectors to address climate challenges [2][7]

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]