Perma-Fix misses Q2 revenue expectations, gross margin improves

Perma-Fix Environmental Services

07/08/2025 12:48

Overview

Perma-Fix Q2 revenue rises marginally on Treatment Segment growth, but misses analysts' expectations

Gross margin improves to 13.7% from -14.3% in previous year

Co secures position on Navy's RADMAC III IDIQ contract

Outlook

Company expects strong backlog from increased waste receipts through 2025

Perma-Fix anticipates additional revenue from DFLAW program despite delay

Company sees renewed momentum in Services Segment from RADMAC III contract

Perma-Fix positioned for improved results in second half of 2025

Result Drivers

TREATMENT SEGMENT GROWTH - Revenue increased by 37% year-over-year due to higher waste volume and improved waste mix pricing

TECHNICAL CHALLENGES - Early quarter production was limited by technical challenges, resolved through automation and process enhancements

SERVICES SEGMENT - Revenue decreased due to project delays from procurement timing and administrative transitions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$14.60 mln
$16.40 mln (1 Analyst)
Q2 Services Segment Revenue
$3.20 mln
Q2 Gross Margin
13.7%
Q2 EBITDA
-$2.30 mln
Q2 Gross Profit
$1.50 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Perma-Fix Environmental Services Inc is $18.00, about 38.2% above its August 6 closing price of $11.13

Press Release: ID:nGNX8CwVHp

(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.)