AI Earnings Predictions for Hudson Technologies Inc. (HDSN)

EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

HUDSON

TECHNOLOGIES REPORTS THIRD QUARTER 2026 RESULTS

Entered into Joint Development Agreement to Advance Next-generation Separation Technology

Re-awarded DLA contract valued at $210 million

Debt-free with $35.3 million in cash

Maintaining Full Year Gross Margin Target

Third-Quarter

2026 Financial Summary:

•Revenue of $59.4 million

oSales Volume: (9%)

oPricing: (17%)

•Gross margin of 25%

•Net income of $2.0 million, or diluted earnings per share of $0.05

WOODCLIFF

LAKE, NJ – OCTOBER 28, 2026 – Hudson Technologies, Inc. (NASDAQ: HDSN) announced its financial results for the third quarter and nine-month period ended September 30, 2026.

Ken Gaglione, President and Chief Executive Officer of Hudson Technologies, said, “We continued to execute our priorities and advance strategic initiatives to strengthen Hudson’s competitive position and long-term growth prospects. During the quarter, we entered into a joint development agreement with Icorium for advanced next-generation separation technology that has the potential to enable the more efficient separation of complex, mixed refrigerants, enhancing our existing distillation technology. Additionally, we made solid progress in the quarter advancing our internal efforts to expand our operating capacity and capabilities. Together, these actions reinforce our confidence in Hudson’s ability to build on its established market position as industry conditions evolve.

“Third-quarter revenue reflected continued softness in HFC market pricing and lower sales volume. In this market landscape, we prioritized profitable sales and cost containment, enabling us to achieve gross margin of 25%, roughly consistent with gross margin in the second quarter of 2026. Despite the challenging pricing environment, we were pleased to achieve volume growth of 9% in the nine-month selling season, reflecting our leadership position and the strength of our customer relationships.

“We further strengthened our debt-free balance sheet during the quarter, ending with $35 million in cash. As we move through the fourth quarter and prepare for 2027, we remain focused on our core refrigerant sales, recovery and reclamation activities while strategically positioning the Company in our evolving industry. Our longstanding relationships, technical expertise and financial flexibility provide a strong foundation to expand our service offerings, enhance our competitive positioning and reduce our exposure to fluctuations in refrigerant pricing,” Mr. Gaglione concluded.

Three Months Results

For the quarter ended September 30, 2026, Hudson reported:

Revenue was $59.4 million, compared with $74.0 million in the comparable 2025 period reflecting a 9% decrease in sales volume and a 17% decrease in selling prices. Revenue reflected continued softness in HFC market pricing and lower sales volume as muted customer demand and adequate refrigerant inventories compressed sales activity against the prior-year period that benefited from broad refrigerant price increases amid supply chain constraints related to the EPA-mandated transition to HFO refrigerants.

Gross margin was 25%, compared with 32% in the third quarter of 2025 primarily reflecting 17% lower refrigerant market pricing following the elevated pricing environment in the prior-year quarter.

Selling, general and administrative expenses were $10.8 million, compared with $8.9 million in the third quarter of 2025. The increase reflected continued investment in optimizing the ERP system launched earlier this year, as well as additional staffing and consulting resources supporting the Company’s longer-term value-creation initiatives.

Net income was $2.0 million, or $0.05 per basic and diluted share, compared with $12.4 million, or $0.28 per basic and $0.27 per diluted share, in the third quarter of 2025.

Nine Months Results

For the nine months ended September 30, 2026, Hudson reported:

Revenue was $197.9 million, compared with $202.2 million in the first nine months of 2025. Strong 9% sales volume growth substantially offset a 9% decline in selling prices relative to the prior-year period, which benefited from broad refrigerant price increases amid the supply chain constraints described above.

Gross margin was 24%, compared with 29% in the first nine months of 2025. The decline in gross margin was two-fold, reflecting lower refrigerant market pricing related to the previously noted increase in refrigerant prices in the 2025 period and increased operating costs, primarily fuel costs.

Selling, general and administrative expenses were $32.8 million, compared with $26.3 million in the first nine months of 2025, reflecting increased operational, legal, staffing, and consulting investments supporting the Company’s strategic priorities.

Net income was $7.3 million, or $0.17 per basic and diluted share, compared with $25.3 million, or $0.58 per basic and $0.56 per diluted share, in the first

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EX-99.1

2 tm2613612d1_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

HUDSON

TECHNOLOGIES REPORTS FIRST quarter 2026 reSults

Strong volumes drive 9% revenue growth

First Quarter 2026 Financial Highlights

·Revenue increased 9% to $60.2 million

·20% sales volume growth

·Share repurchases of $2.5 million

·HFC

prices firming above $6 per pound

WOODCLIFF

LAKE, NJ – MAY 6, 2026 – Hudson Technologies, Inc. (NASDAQ: HDSN) announced results for the first quarter ended March 31, 2026.

Ken Gaglione, President and Chief Executive Officer of Hudson Technologies commented,

”Our first quarter was one of operational and strategic progress, highlighted by enhancements to our management team, critical partnership development and our increased focus on operational excellence as we move into the core of our selling season.

“First quarter revenue growth of 9% was driven by increased sales volume and slightly higher HFC pricing. Gross margin of 20% declined slightly due to the mix of refrigerants sold in the first quarter this year compared to the first quarter last year and we expect gross margin to increase as we progress through the selling season.

“We recently announced several changes and appointments to further expand and strengthen our management team including additions to our marketing team and the appointment of two new members to our board of directors. These management-led changes align with our strategic priorities of delivering operational excellence, building our marketing team, and expanding the skill set represented on our board of directors as we explore strategic growth opportunities.

“As we previously communicated, our new ERP system launched during the quarter. While we experienced some typical implementation inefficiencies and headwinds, overall, I am pleased to report that the ERP implementation process is going better than we anticipated and we are beginning to see benefits to our management information systems.

“Also, during the quarter, we signed an important licensing agreement with Solstice Advanced Materials for the reclamation and resale of certain patented HFO refrigerants. As the market transitions from legacy HFC to lower GWP next generation HFO refrigerants, this agreement gives us a meaningful opportunity to reclaim and sell replacement refrigerants frequently used in the supermarket sector, among others, creating enhanced growth opportunities for our service business. HFC refrigerants will remain essential to servicing existing equipment through its useful life and will continue as an important component of our business while HFOs continue to grow.

“We started the year with a focus on organizing our teams for growth and working through our ERP transition. As we enter the core of the 2026 selling season, we remain focused on meeting the needs of our customer base with our extensive portfolio of refrigerants while driving continuous operational excellence across our organization. We are uniquely positioned to grow our leadership role in the industry as we leverage our sales, service, recovery and reclamation capabilities to capitalize on the refrigerant industry’s continuous transition to lower GWP equipment and refrigerants,” Mr. Gaglione concluded.

Three Month Results

For the quarter ended March 31, 2026, Hudson reported:

·Revenues increased 9% to $60.2 million compared to revenues of $55.3 million in the comparable 2025 period. The increase was primarily due to improved sales volume related to unseasonably warm temperatures in the western portion of the U.S. during the first quarter as well as slightly higher pricing for certain refrigerants.

·Gross margin decreased slightly to 20% compared to 22% in the first quarter of 2025 primarily due to the mix of refrigerants sold in each quarter. The 2025 quarter sales mix included a broader range of higher priced and margin new HFO refrigerants related to contractors’ heightened activity to top off newly installed HFO equipment as the systems entered the marketplace.

·Selling, general and administrative expenses of $9.5 million compared to $8.2 million in the first quarter of 2025. The increase in the 2026 first quarter SG&A is primarily related to optimizing the Company’s new ERP system and a continued focus on strategic initiatives. As previously reported, Hudson went live with its new ERP system on February 1, 2026.

·Operating income of $1.5 million compared to operating income of $3.1 million in the prior year period.

·Income before income taxes of $1.6 million compared to $3.7 million in the first quarter of 2025.

·Income tax expense of $1.3 million compared to $0.9 million in the first quarter of 2025.  The increased income tax expense for the quarter relates to approximately $900,000 ($0.02 per share) in income tax expense related to non-recurring items as well as executive stock compensation.

·Net income of $0.3 million or $0.01 per basic and diluted share, compared to net income of $2.8 million or $0.06 per basic and diluted sh