Perma-Fix Environmental Services, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 08:00 am EDT
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Perma-Fix Environmental Services, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 19.46 million compared to USD 16.15 million a year ago. Net loss was USD 1.45 million compared to net income of USD 3.02 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to basic earnings per share from continuing operations of USD 0.26 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to diluted earnings per share from continuing operations of USD 0.25 a year ago. Basic loss per share was USD 0.11 compared to basic earnings per share of USD 0.25 a year ago. Diluted loss per share was USD 0.11 compared to diluted earnings per share of USD 0.24 a year ago.
For the six months, sales was USD 35.37 million compared to USD 39.28 million a year ago. Net loss was USD 2.79 million compared to net income of USD 1.9 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to basic earnings per share from continuing operations of USD 0.18 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago. Basic loss per share was USD 0.21 compared to basic earnings per share of USD 0.16 a year ago. Diluted loss per share was USD 0.21 compared to diluted earnings per share of USD 0.15 a year ago.
Perma-Fix Environmental Services, Inc. is an environmental and environmental technology know-how company. The Company operates through two segments: Treatment and Services. The Treatment Segment includes nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, processing, and disposal; and research and development (R&D) activities to identify, develop and implement innovative waste processing techniques for problematic waste streams. Its Services segment includes technical services, nuclear services and the Company-owned equipment calibration and maintenance laboratory that services, maintains, calibrates, and sources health physics, industrial hygiene (IH) and customized nuclear, environmental, and occupational safety and health (NEOSH) instrumentation. Its technical services provide professional radiological measurement and site survey of large government and commercial installations using advanced methods, technology, and engineering.