Reports Q1 revenue $65.25M, consensus $63.34M. Brian Coleman, president and CEO of Hudson Technologies commented, “Our 2024 selling season has kicked off largely as we expected, with our first quarter revenues reflecting a difficult comparison to the first quarter of 2023, which reflected higher sale prices for certain refrigerants as well as higher volume from our DLA contract. During the first quarter of 2024, the industry saw pricing for certain refrigerants decline by approximately 20% as compared to pricing levels in the first quarter of 2023.”
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