Hudson Technologies Reaffirms 2026 Gross Margin Guidance Amid Q3 Revenue Softness
Hudson Technologies (HDSN) reported third-quarter revenue and volume figures that fell below market expectations. CEO Kenneth Gaglione attributed the underperformance to high levels of channel inventory, which has exerted downward pressure on HFC market prices. Despite the current soft pricing environment, the company is prioritizing profitable sales over volume to protect margins. Hudson remains committed to its long-term outlook, reaffirming a 2026 gross margin target in the low-to-mid-20% range while advancing strategic initiatives including its Icorium partnership and a $210 million DLA contract.
Tickers: $HDSN
Topics: earnings report inventory levels market pricing revenue decline
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Part of the story HUDSON TECHNOLOGIES INC /NY - 8-K Filing (3 articles)