Hudson Technologies, Inc. (HDSN) Posts Strengthened Q4 Results
Hudson Technologies Inc., a leading provider of solutions for recurring problems in the refrigeration industry, today posted its results for the fourth quarter and year ended December 31, 2010. The company reported revenues for the fourth quarter at $4.14 million, a 49.5 percent increase over the $2.76 million reported for the comparable quarter of 2009. Gross profit margins improved to 32.7 percent of sales for the fourth quarter compared to 3.4 percent of sales in the fourth quarter last year. Hudson reported a net loss of $(556,000), or $(0.02) per basic and diluted share, for the fourth quarter of 2010,…