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Stock impact report

Perma-Fix Reports Financial Results and Provides Business Update for the First Quarter of 2024

Perma-Fix Environmental Services, Inc. (PESI) 
US:NASDAQ Investor Relations: perma-fix.com
Company Research Source: GlobeNewswire
ATLANTA, May 09, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced financial results and provided a business update for the first quarter ended March 31, 2024. Mark Duff, President and CEO of the Company, commented, “As previously disclosed, our financial performance in the first quarter of 2024 was impacted by a few temporary headwinds. However, we have seen steady improvement heading into the second quarter and anticipate a strong second half of 2024. The weakness we experienced was due in part to delayed project starts and waste shipments, as well as challenging weather conditions during the first quarter of 2024. However, we used this period for equipment replacement and repairs, program enhancements, and testing to support permit expansion and broader market penetration. Additionally, we accelerated investments in research and development on our new technology to treat PFAS (Per- and Polyfluorinated Substance Show less Read more
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