Perma-Fix Environmental Services (NASDAQ:PESI) Releases Earnings Results, Misses Estimates By $0.22 EPS

Perma-Fix Environmental Services (NASDAQ:PESI) issued its earnings results on Tuesday. The industrial products company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.22), FiscalAI reports. Perma-Fix Environmental Services had a negative return on equity of 19.45% and a negative net margin of 19.15%.The firm had revenue of $15.72 million during the quarter, compared to the consensus estimate of $17.70 million.

Here are the key takeaways from Perma-Fix Environmental Services’ conference call:

• The company highlighted a material near-term growth catalyst from the Hanford/DFLAW work—Perma-Fix Northwest renewed its permit (now ~1.2M gallons/year liquid capacity) and expects DFLAW effluent and dry waste receipts to begin in April–May, targeting roughly $1M–$2M per month in revenue as activity ramps (timing dependent on DOE).
• Management warned of a soft first quarter driven by DFLAW delays and seasonality, forecasting Q1 losses likely to exceed $4 million negative EBITDA on about $13M revenue and a timing-driven shift of approximately $2M of revenue into Q2.
• PFAS development progressed—construction of the Generation 2.0 PFAS system at Oak Ridge is nearing completion (testing late April/May), expected to boost destruction capacity up to ~3,000 gallons/day and target competitive pricing (~$10–$15/gal for large volumes) with high incremental margins.
• Fiscal 2025 results showed modest revenue growth to $61.7M and improved gross profit/EBITDA versus 2024, backlog up to $11.9M, but cash fell to $11.8M (from $29M) and the company remains loss-making, leaving mixed near-term financial flexibility signals.
• Beyond DFLAW, management cited expanding opportunities—international revenue rose ~163% to $6.4M, services won >$30M in new backlog and $40M+ in Q1 bids, TRU processing doubled, and a large commercial grouting RFP (up to 50M gallons starting ~2028 and DOE grouting plans up to 200M gallons) presents a long-term, location-driven advantage for Perma-Fix Northwest.

Perma-Fix Environmental Services Price Performance

Shares of NASDAQ:PESI traded down $1.85 during midday trading on Tuesday, reaching $10.20. 365,553 shares of the company were exchanged, compared to its average volume of 134,659. The stock has a market cap of $188.90 million, a PE ratio of -15.42 and a beta of 0.41. The business’s fifty day moving average is $14.16 and its two-hundred day moving average is $12.90. Perma-Fix Environmental Services has a one year low of $6.25 and a one year high of $16.50. The company has a current ratio of 1.77, a quick ratio of 1.72 and a debt-to-equity ratio of 0.03.

Hedge Funds Weigh In On Perma-Fix Environmental Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its stake in Perma-Fix Environmental Services by 102.9% during the third quarter. BNP Paribas Financial Markets now owns 3,350 shares of the industrial products company’s stock worth $34,000 after buying an additional 1,699 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Perma-Fix Environmental Services by 18.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,849 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 1,515 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Perma-Fix Environmental Services in the 1st quarter worth about $77,000. MetLife Investment Management LLC boosted its stake in shares of Perma-Fix Environmental Services by 171.6% during the 4th quarter. MetLife Investment Management LLC now owns 9,154 shares of the industrial products company’s stock worth $115,000 after purchasing an additional 5,784 shares during the period. Finally, Rhumbline Advisers boosted its stake in shares of Perma-Fix Environmental Services by 18.4% during the 1st quarter. Rhumbline Advisers now owns 17,204 shares of the industrial products company’s stock worth $125,000 after purchasing an additional 2,671 shares during the period. 25.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Perma-Fix Environmental Services in a research report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Perma-Fix Environmental Services Company Profile

Perma-Fix Environmental Services, Inc (NASDAQ: PESI) is a specialized provider of environmental and nuclear waste management solutions. The company offers a comprehensive suite of services, including treatment, recycling, processing, volume reduction and disposal of hazardous, radioactive and mixed wastes. Its capabilities span thermal, chemical and physical treatment technologies, supported by a network of licensed facilities designed to handle complex waste streams.

Founded in 1994 and headquartered in Atlanta, Georgia, Perma-Fix has grown both organically and through strategic acquisitions.