Perma-Fix Environmental (PESI) Shows Strength in Q3 Financial Performance
Perma-Fix Environmental Services, Inc., a nuclear waste treatment and onsite services provider, today announced its financial results for the third quarter ended Sept. 30, 2011. The company reported revenue for the third quarter of 2011 at $32.8 million, a 43.4 percent increase compared to $22.9 million for the same period last year. Gross profit for the third quarter of 2011 increased 335.5 percent to $11.3 million compared to $2.6 million for the comparable quarter of 2010. Gross margin increased to 34.5 percent from 11.3 percent for the same period last year. Operating income for the third quarter of 2011 increased…