Hudson Tech GAAP EPS of $0.17 beats by $0.01, revenue of $61.94M misses by $4.17M
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Contributor since / Followers
Contributor since / Followers
2 months ago
- Hudson Tech press release (NASDAQ:HDSN): Q3 GAAP EPS of $0.17 beats by $0.01.
- Revenue of $61.94M (-19.0% Y/Y) misses by $4.17M.
- Shares -4.61%.
- Gross margin of 26%, compared to 40% in the third quarter of 2023.
- Selling, general and administrative expenses increased to $8.1 million compared to $6.8 million in the third quarter of 2023, primarily related to higher personnel costs and professional fees.
- Operating income of $7.0 million, compared to operating income of $23.1 million in the prior year period.