Perma-Fix Environmental Services (NASDAQ:PESI) Issues Quarterly Earnings Results

Perma-Fix Environmental Services (NASDAQ:PESI - Get Free Report) released its earnings results on Tuesday. The industrial products company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.06), Zacks reports. The company had revenue of $15.71 million during the quarter, compared to analysts' expectations of $17.70 million. Perma-Fix Environmental Services had a negative return on equity of 19.26% and a negative net margin of 22.35%.

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

PESI opened at $10.87 on Friday. The company's 50-day simple moving average is $13.94 and its two-hundred day simple moving average is $12.86. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.72 and a current ratio of 1.61. The stock has a market capitalization of $201.64 million, a P/E ratio of -14.49 and a beta of 0.40. Perma-Fix Environmental Services has a 52-week low of $6.25 and a 52-week high of $16.50.

Institutional Trading of Perma-Fix Environmental Services

A number of hedge funds have recently bought and sold shares of PESI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Perma-Fix Environmental Services by 18.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,849 shares of the industrial products company's stock valued at $72,000 after purchasing an additional 1,515 shares during the period. Geode Capital Management LLC increased its stake in Perma-Fix Environmental Services by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 422,890 shares of the industrial products company's stock worth $5,325,000 after buying an additional 1,655 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Perma-Fix Environmental Services by 102.9% in the 3rd 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 in the last quarter. Barclays PLC raised its holdings in Perma-Fix Environmental Services by 10.7% during the fourth quarter. Barclays PLC now owns 26,981 shares of the industrial products company's stock valued at $340,000 after acquiring an additional 2,612 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Perma-Fix Environmental Services by 18.4% in the first quarter. Rhumbline Advisers now owns 17,204 shares of the industrial products company's stock valued at $125,000 after acquiring an additional 2,671 shares in the last quarter. Hedge funds and other institutional investors own 25.52% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Perma-Fix Environmental Services in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average 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.