PESI Earnings Prediction
The chart below shows how PESI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PESI sees a +2.47% change in stock price 10 days leading up to the earnings, and a +7.78% change 10 days following the report. On the earnings day itself, the stock moves by +0.55%. This data can give you a slight idea of what to expect for the next quarter's release.
PESI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
16.81M
-23.15%
20.21%
Gross Margin
7.93%
-61.86%
-184.90%
Operating Margin
-15.47%
-781.50%
-57.02%
Net Margin
-52.38%
-4776.79%
93.57%
EPS
-0.57
-2950.00%
111.11%
No Data Available
PESI Earnings Analysis
Perma-Fix Environmental Services, Inc. Corporation (PESI.O) Earnings Conference Call
Positive
Q3 Revenue Report: For Q3, we reported revenue of $16.8 million, reflecting a continued market challenge.
Services Segment Improvement: Performance within our Services segment and treatment plants showed steady improvement in the latter part of the quarter, which is expected to continue into Q4, giving us some renewed confidence as we move forward.
Perma-FAS System Launch: A significant milestone this quarter was the launch of our first commercial Perma-FAS system for PFAS treatment at our Florida facility.
PFAS Technology Investment: We have invested heavily in PFAS technology deployment, both in capital and in our team's time, with about $930,000 allocated this quarter and a total of $1.6 million year-to-date.
Cash Balance Increase: Our cash on the balance sheet is at $10.6 million compared to $7.5 million at year-end.
Negative
Revenue Decline Analysis: Revenue decreased by $5.1 million or 23.2% year-over-year, from $21.9 million to $16.8 million in Q3 2024.
Segment Revenue Decline: The Treatment segment revenue was down $1.7 million, while the Services segment revenue decreased by $3.4 million, indicating challenges across both segments.
Gross Profit Decline: Gross profit for the quarter was $1.3 million, a significant drop from $4.5 million in Q3 2023, reflecting lower revenue and higher fixed costs.
Net Loss Decline: Net loss from continuing operations was $8.8 million compared to a net income of $246,000 in the previous year, highlighting a substantial decline in profitability.
Declining EBITDA Performance: EBITDA from continuing operations was a negative $2.1 million, compared to a positive $1.2 million in the prior year, indicating worsening operational performance.
PESI FAQs
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PESI Earning Call Sentiment
Perma-Fix Environmental Services, Inc. (PESI) Q3 2024 Results - Earnings Call Transcript
1.0x
00:00
00:00
PESI.O
-1.96%Positive
The earnings call indicates a significant net loss and negative EBITDA, along with a decrease in treatment backlog and unearned revenue. Despite improved liquidity and successful capital raising, the financial health is concerning. The Q&A highlights uncertainties in revenue projections and delays in contracts, although there is optimism about future projects. However, the overall financial performance and lack of clear guidance on key projects suggest a negative sentiment, likely resulting in a -2% to -8% stock price movement over the next two weeks.
