What Happened?
Shares of refrigerant services company Hudson Technologies (NASDAQ: HDSN) jumped 14.4% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' revenue and estimates. Revenue came in at $55.3 million, down from previous year's peak, but still above expectations, supported by slight volume gains and steady performance in the refrigerant recovery business. Zooming out, we think this quarter featured some important positives.
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What The Market Is Telling Us
Hudson Technologies’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. But moves this big are rare even for Hudson Technologies and indicate this news significantly impacted the market’s perception of the business.
The biggest move we wrote about over the last year was 6 months ago when the stock dropped 21.2% on the news that the company reported weak third-quarter earnings that missed analysts' sales expectations. Management attributed the softness to ongoing pricing pressure on certain refrigerants throughout the 2024 cooling season. The weakness was also partly attributed to lower revenue from certain contracts. Overall, this was a weaker quarter.
Hudson Technologies is up 39.2% since the beginning of the year, but at $7.92 per share, it is still trading 19.8% below its 52-week high of $9.88 from May 2024. Investors who bought $1,000 worth of Hudson Technologies’s shares 5 years ago would now be looking at an investment worth $9,460.
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