Nuclear and mixed waste management services

Search documents
Perma-Fix Reports Financial Results and Provides Business Update for the Second Quarter of 2025
Globenewswire· 2025-08-07 11:00
Core Insights - The company reported sequential and year-over-year revenue growth for Q2 2025, with Treatment Segment revenue increasing by approximately 37% compared to the same period last year [2][6] - Waste receipts more than doubled in Q2 2025, reaching approximately 14 million, which is expected to contribute to a strong backlog for the remainder of 2025 [3] - The company is optimistic about its long-term growth strategy, particularly in scaling its PFAS destruction platform and has begun construction of a next-generation system [5][6] Financial Performance - Revenue for Q2 2025 was approximately $14.6 million, up from approximately $14.0 million in Q2 2024, driven entirely by the Treatment Segment, which saw revenue rise to $11.4 million from $8.4 million [6][19] - The Services Segment revenue decreased to $3.2 million from $5.6 million, attributed to project delays and procurement issues [6][19] - Gross profit for Q2 2025 was $1.5 million, compared to a gross loss of $1.3 million in Q2 2024, with gross margin improving to 13.7% from (14.3%) in the Treatment Segment [7][19] Operational Highlights - The company faced technical challenges that limited production early in Q2 2025 but believes these issues have been resolved through automation and process enhancements [2] - The Services Segment is seeing renewed momentum, highlighted by being awarded a position on the Navy's RADMAC III IDIQ contract, which aligns with the company's core competencies [4] - The company continues to focus on cost discipline and margin improvement, positioning itself for better results in the second half of 2025 [6]
Perma-Fix Schedules Second Quarter 2025 Business Update Conference Call
Globenewswire· 2025-08-05 12:00
Core Viewpoint - Perma-Fix Environmental Services, Inc. will host a conference call on August 7, 2025, to discuss company updates and performance [1]. Company Information - Perma-Fix Environmental Services, Inc. is a nuclear services company specializing in nuclear and mixed waste management services, catering to hospitals, research labs, federal agencies, and the commercial nuclear industry [4]. - The company provides a range of services including project management, waste management, environmental restoration, decontamination and decommissioning, and radiological protection [4]. - Perma-Fix operates four nuclear waste treatment facilities and offers services at various Department of Energy (DOE), Department of Defense (DOD), and commercial facilities across the United States [4]. Conference Call Details - The conference call will be led by key executives including the CEO, Executive Vice President of Strategic Initiatives, and Chief Financial Officer [2]. - A webcast of the call will be available on the company's website, and a telephone replay will be accessible for a limited time after the call [3].
Perma-Fix Schedules First Quarter 2025 Business Update Conference Call
Globenewswire· 2025-05-05 12:30
Core Viewpoint - Perma-Fix Environmental Services, Inc. will host a conference call on May 8, 2025, to discuss company updates and performance [1]. Company Information - Perma-Fix Environmental Services, Inc. is a nuclear services company specializing in nuclear and mixed waste management services, catering to hospitals, research labs, federal agencies, and the commercial nuclear industry [4]. - The company provides a range of services including project management, waste management, environmental restoration, decontamination and decommissioning, and radiological protection [4]. - Perma-Fix operates four nuclear waste treatment facilities and offers services at various Department of Energy (DOE), Department of Defense (DOD), and commercial facilities across the United States [4]. Conference Call Details - The conference call will be accessible via telephone for U.S. callers at 888-506-0062 and for international callers at +1 973-528-0011, with an access code of 146674 [2]. - A webcast of the call can be accessed through the company's investor section on their website [2]. - An archived version of the webcast will be available on the company's website, and a telephone replay will be accessible until May 15, 2025, using the numbers 877-481-4010 for U.S. callers and +1 919-882-2331 for international callers, with access code 52435 [3].