Perma-Fix Environmental Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 08:30 am EST
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Perma-Fix Environmental Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 15.8 million compared to USD 30.17 million a year ago. Net income was USD 1.4 million compared to USD 1.45 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.13 a year ago. Basic earnings per share was USD 0.11 compared to USD 0.12 a year ago. Diluted earnings per share was USD 0.11 compared to USD 0.12 a year ago.
For the nine months, sales was USD 55.08 million compared to USD 77.08 million a year ago. Net income was USD 3.3 million compared to USD 2.87 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.25 a year ago. Basic earnings per share was USD 0.27 compared to USD 0.24 a year ago. Diluted earnings per share was USD 0.27 compared to USD 0.23 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.