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Dec 31, 2019
Hudson Q4 2019 Earnings Report
Reported revenues slightly higher, gross margin increased, and net loss recorded.
Key Takeaways
Hudson Technologies reported a slight increase in revenues for Q4 2019 compared to Q4 2018. The company's gross margin increased, but it still recorded a net loss, which was impacted by higher interest expense and lender-related fees.
Q4 2019 revenues slightly higher than the comparable 2018 period.
Gross margin in Q4 2019 increased compared to Q4 2018.
The Company recorded a net loss in Q4 2019, impacted by higher interest expense and lender-related fees.
The company paid down $31 million of debt, including $14 million of long term debt in Q4 2019.