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Hudson Technologies Files Extension for Quarterly Report Form 10-Q Filing
Posted on Monday November 12, 2018
As previously reported, discussions are continuing with Hudson’s term loan lenders with respect to an amendment of the Term Loan’s existing total leverage ratio financial covenant and certain other terms. As a result of potential balance sheet impact of foregoing discussions, the Company has not been in a position to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2018. The Company is working diligently to resolve these matters and management believes that the Company will be in a position to file both of the aforementioned Form 10-Qs by November 21, 2018. For the quarter ended September 30, 2018, the Company’s revenues were $40.5 million, an increase of 64% compared to $24.7 million in the comparable 2017 period. Revenues for the 2018 period included revenues from Aspen Refrigerants, Inc. (“ARI”) which was acquired in October 2017. For the nine months ended September 30, 2018, the Company’s revenues were $140.8 million, an increase of 22% compared to $115.8 million in the comparable 2017 period. Revenues for the 2018 period included revenues from ARI.
Analysts Estimate Hudson Technologies (HDSN) to Report a Decline in Earnings: What to Look Out for
Posted on Wednesday November 07, 2018
Hudson Tech (HDSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hudson Technologies Announces Nasdaq Acceptance of Plan to Regain Listing Compliance
Posted on Wednesday October 24, 2018
PEARL RIVER, N.Y., Oct. 24, 2018 -- Hudson Technologies, Inc. (NASDAQ: HDSN) today announced that the Nasdaq Stock Market LLC (“Nasdaq”) has accepted the Company’s plan to.
Hudson Technologies, Inc. (HDSN) today announced that it has entered into an Extension Letter related to its interim Waiver and Second Amendment to its Term Loan Credit and Security Agreement. The Extension Letter extends to November 14, 2018 the delivery deadline for the Company to provide the Term Loan Lenders with a certificate setting forth the total leverage ratio as of the four fiscal quarter period ending September 30, 2018. Additional details regarding the Extension Letter can be found in the Form 8-K filed with the Securities and Exchange Commission today, October 15, 2018. The Company is working diligently to resolve these matters and management believes that the Company will be in a position to file the aforementioned 10-Q by November 14, 2018.