Perma-Fix reports a GAAP loss of $0.40 per share and $11.13M revenue, missing estimates by $0.32 and $6.97M respectively.
Perma-Fix Environmental Services reported a GAAP loss of $0.40 per share for the quarter, missing estimates by $0.32. Revenue totaled $11.13M, falling short of expectations by $6.97M.
Analysts had anticipated a narrower loss and higher revenue, reflecting weaker-than-expected performance. The company’s prior quarter results and industry trends had set a higher benchmark for growth.
The earnings miss highlights ongoing challenges in the environmental services sector, though market reaction remains limited pending further guidance.