2023-05-03 16:17:09 ET
- Hudson Tech press release ( NASDAQ: HDSN ): Q1 GAAP EPS of $0.33 beats by $0.06 .
- Revenue of $77.2M (-8.5% Y/Y) misses by $6.05M .
- Gross margin in the first quarter of 2023 was 39%, compared to 54% in the first quarter of 2022.
- Hudson reduced total outstanding debt from $46.8 million at December 31, 2022 to $43.6 million at March 31, 2023. Stockholders’ equity improved to $191.5 million at March 31, 2023 as compared to $174.9 million at December 31, 2022.
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Hudson Tech GAAP EPS of $0.33 beats by $0.06, revenue of $77.2M misses by $6.05M