Perma-Fix Environmental Services, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 08:00 am EDT
Share
Perma-Fix Environmental Services, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 25.03 million compared to USD 19.46 million a year ago. Net income was USD 0.474 million compared to net loss of USD 1.45 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to diluted loss per share from continuing operations of USD 0.1 a year ago. Basic earnings per share was USD 0.04 compared to basic loss per share of USD 0.11 a year ago. Diluted earnings per share was USD 0.03 compared to diluted loss per share of USD 0.11 a year ago.
For the six months, sales was USD 45.14 million compared to USD 35.37 million a year ago. Net income was USD 0.063 million compared to net loss of USD 2.79 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.19 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.