Hudson Technologies Q1 revenue rises 9%, beats estimates but EPS misses

Hudson Technologies

06/05/2026 21:36

Overview

U.S. refrigerant supplier's Q1 revenue rose 9%, beating analyst expectations

Adjusted EPS for Q1 missed consensus

Company repurchased $2.5 mln of shares during Q1

Outlook

Hudson Technologies sees Q2 2026 revenue between $73 mln and $76 mln

Company expects HFC prices to remain firm during the core selling season

Company sees ongoing demand for HFCs and growth in HFO refrigerants as market transitions

Result Drivers

SALES VOLUME GROWTH - Revenue increase was primarily driven by 20% higher sales volume, helped by unseasonably warm temperatures in the western U.S.

PRODUCT MIX - Gross margin declined mainly due to a less favorable mix of refrigerants sold, with fewer higher-margin HFO refrigerants compared to the prior year

ERP IMPLEMENTATION COSTS - Higher SG&A expenses were mainly related to optimizing the new ERP system and strategic initiatives

Company press release: ID:nGNX1VyHLP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$60.15 mln
$57.15 mln (4 Analysts)
Q1 EPS
Miss
$0.01
$0.06 (4 Analysts)
Q1 Net Income
$330,000
Q1 Gross Margin
20.00%
Q1 Basic EPS
$0.01
Q1 Operating Income
$1.46 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Hudson Technologies Inc is $9.25, about 47.1% above its May 5 closing price of $6.29

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)