Perma-Fix Environmental Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 08:00 am EDT
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Perma-Fix Environmental Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 21.88 million compared to USD 18.47 million a year ago. Net income was USD 0.341 million compared to USD 0.664 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.06 a year ago. Basic earnings per share was USD 0.03 compared to USD 0.05 a year ago. Diluted earnings per share was USD 0.02 compared to USD 0.05 a year ago.
For the nine months, sales was USD 67.02 million compared to USD 53.84 million a year ago. Net income was USD 0.404 million compared to net loss of USD 2.12 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.13 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 0.13 a year ago. Basic earnings per share was USD 0.03 compared to basic loss per share of USD 0.16 a year ago. Diluted earnings per share was USD 0.03 compared to diluted loss per share of USD 0.16 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.