Business in the Burbs

Loss narrows in 4Q at Hudson Technologies

March

Hudson Technologies Inc., a Pearl River-based refrigeration services company, reported a net loss of $821,000, or 4 cents a share, during the fourth quarter. That compared to a net loss of $986,000, or 5 cents a share, in the same quarter a year earlier. Revenues rose 5 percent to $2.87 million.

Kevin J. Zugibe, chairman and chief executive officer, said the company is positioning itself to capitalize on new regulations covering the production of new refrigerants that go into effect in January 2010. “The fourth quarter, which is always our slowest given the seasonality of the refrigerants business, caps off a very strong year for the company in which we demonstrated solid revenue growth and a significant increase in net income,” he said in a written statement.

This entry was posted on Friday, March 6th, 2009 at 12:36 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Earnings

Print | Email

It is a condition of your use of the comment features associated with the blogs that you do not: Use the site to post or transmit any unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane or indecent information of any kind, including without limitation any transmissions constituting or encouraging conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any local, state, national or international law. You alone are responsible for the material you post or send. Refer to the Terms of Service.