- In Q1 2022, the company's revenues soared by almost 150% and its operating income came in at $38.3 million as the US implemented the AIM Act.
- However, Hudson Technologies itself expects results for the remainder of the year to be weaker and it seems that the gross margin could decline below 30%.
- The AIM Act should benefit reclamation companies like Hudson Technologies over the coming years.
- However, I think that the share price has increased too fast and there are no significant catalysts in the near future.
For further details see:
Hudson Technologies: This Could Be A Good Time To Take Profits