Reports Q1 revenue $13.919M vs $13.617M last year. “Our first quarter results reflect the impact of several transitional headwinds,” said Mark Duff, President and Chief Executive Officer of Perma-Fix Environmental (PESI) Services. “Delays in procurement and waste shipments tied to the change in federal administration limited revenue growth during the quarter; however, we still delivered a modest increase compared to the prior-year period, underscoring the resilience of our core operations. Importantly, we began to see improvement in waste receipts late in the quarter, contributing to a strengthened backlog of over $10 million-an increase of approximately 30% from year-end 2024.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PESI:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue