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Dec 31, 2022
Hudson Q4 2022 Earnings Report
Hudson reported a revenue increase of 26% and net income of $5.1 million for Q4 2022.
Key Takeaways
Hudson Technologies reported a 26% increase in revenue for the fourth quarter of 2022, driven by higher selling prices and increased sales volume. The company's net income for the quarter was $5.1 million, or $0.11 per share.
Hudson Technologies reported Q4 2022 revenues of $47.4 million, a 26% increase compared to Q4 2021.
The company's Q4 2022 gross margin was 32%, compared to 45% in the prior year period.
Hudson's Q4 2022 operating income was $7.1 million, compared to $9.3 million in the prior year period.
Net income for Q4 2022 was $5.1 million, or $0.11 per share, compared to $6.2 million, or $0.14 per share, in Q4 2021.