NASDAQ$HDSN

Hudson Technologies Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Hudson reported net income of $2.4 million, or $0.06 per share, for Q2 2020.

Hudson Technologies reported a decrease in revenues by 14.8% compared to the same period last year, but improved gross margin and achieved operating income, returning to profitability with a net income of $2.4 million.

  • Revenues decreased by 14.8% due to volume decline, partially offset by increased selling prices.
  • Gross margin improved significantly compared to the negative gross margin in Q2 2019.
  • Operating income was $5.2 million, a significant improvement from the operating loss of $10.0 million in Q2 2019.
  • Net income was $2.4 million, or $0.06 per share, compared to a net loss of $13.8 million, or ($0.32) per share in Q2 2019.

Headline financials

Total Revenue

$47.7M

Previous: $56M-14.9%
EPS (adj)

$0.06

Previous: -$0.32+118.8%
Gross Margin

26.6%

Previous: -1.0%+2760.0%
Capital Expenditures

-$590K

Previous: -$279K-111.5%
Free Cash Flow

$1.8M

Previous: -$14.1M+112.8%
Net Income

$2.39M

Previous: -$13.8M+117.3%
Operating Income

$5.21M

Previous: -$9.97M+152.3%
Gross Profit

$12.7M

Previous: -$2.37M+636.0%
Cash & Equivalents

$7.85M

Previous: $1.3M+502.9%
Total Assets

$187M

Previous: $219M-14.6%
Stock-Based Comp

$208K

Previous: $251K-17.1%

Revenue & EPS history

Hudson · Revenue · Quarterly

$47.7M

Q2 2020-14.9%vs Q2 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+1.5%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+7.6%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+32.9%

Q4 2021

Best reaction

-26.2%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-6.3%+3.8%
Q4 2025-10.6%-15.8%-17.7%
Q3 2025-6.2%-24.4%-15.8%
Q1 2025+16.1%+13.4%+6.6%
Q4 2024+3.4%+8.2%-2.9%
Q3 2024-20.2%-20.5%-18.6%
Q2 2024+5.9%+3.3%+6.1%
Q1 2024-8.3%-5.5%-10.2%
Q4 2023-17.6%-17.3%-24.7%
Q3 2023-4.4%-4.0%-1.7%
Q2 2023+18.1%+10.7%+30.4%
Q1 2023-0.4%+0.9%+19.6%
Q4 2022-9.5%-15.5%-17.7%
Q3 2022+11.3%+18.3%+25.1%
Q2 2022-5.3%-1.3%-12.9%
Q1 2022+30.0%+25.1%+42.5%
Q4 2021+32.9%+44.8%+60.4%
Q3 2021-0.8%+7.1%+4.4%
Q2 2021-12.3%-6.4%-8.4%
Q1 2021+9.9%+0.0%+56.2%
Q4 2020-6.2%-6.3%+15.3%
Q3 2020+1.9%+14.3%+50.5%
Q2 2020+1.8%+9.7%+1.8%
Q1 2020+3.7%+3.7%+10.0%
Q4 2019-2.3%-5.7%-20.7%
Q3 2019-9.0%-23.9%+9.0%
Q2 2019-13.3%-17.8%+55.6%
Q1 2019+25.9%+44.4%+18.5%
Q4 2018+22.3%+31.7%+48.9%
Q3 2018+7.6%-3.5%-35.1%
Q2 2018+1.6%+1.6%-3.3%
Q1 2018-26.2%-37.3%-44.5%
Q4 2017-9.6%-10.9%-24.1%
Q3 2017+6.2%+3.9%-5.7%
Q2 2017+15.3%+10.8%+13.7%
Q1 2017+1.9%+3.2%+21.6%
Q4 2016+1.8%-1.7%-7.8%
Q3 2016+10.9%+17.6%+37.4%
Q2 2016+2.5%-2.1%+29.8%
Q1 2016+2.3%
Q4 2015-2.3%
Q3 2015-10.5%
Q2 2015+4.9%
Q1 2015-2.8%
Q4 2014+7.7%
Q3 2014+3.3%
Q2 2014+0.7%
Q1 2014+5.9%
Q4 2013+3.3%
Q3 2013+13.3%
Q2 2013-14.5%
Q1 2013+5.7%
Q4 2012+11.9%
Q3 2012-2.3%
Q2 2012-20.2%
Q1 2011+29.4%
Q1 2012+2.1%
Q4 2011+4.4%
Q3 2010+7.6%
Q3 2011+7.6%
Q2 2011-9.5%
Q4 2010-9.5%
Q2 2010-9.5%
Q1 2010-1.6%

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