Brief: Perma-Fix Q4 earnings per share $0.02

Perma-Fix Environmental Services

22/03/2017 11:00

March 22 (Reuters) - Perma-fix Environmental Services Inc 
 PESI.O : 
    * Perma-Fix reports results for the fourth quarter and full 
year of 2016 
    * Q4 earnings per share $0.02 
    * Q4 revenue $13.4 million versus $15.1 million 
    * On track to complete closure of M&EC facility by January 
2018 
    * After closure of M&EC facility, fixed facility expenses 
will be reduced by $4-$5 million annually 
    * Perma-Fix Environmental Services-in process of replacing 
closure policy on co's northwest facility, will free up about 
$3.5 million of restricted finite sinking funds 
    * Continue to work towards finalizing an agreement with a 
private investor to fund medical subsidiary 
    * Expect Q1 of 2017 to be significantly improved compared to 
Q1 of last year 
 
Source text for Eikon:  ID:nMKWdw31Da  
Further company coverage:  PESI.O  
 
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