Matthew Moss's questions to Hudson Technologies Inc (HDSN) leadership • Q3 2024
Question
Matthew Moss, on behalf of Josh Nichols, asked for the specific revenue contribution from the DLA contract in the third quarter and the company's updated full-year expectations for that contract.
Answer
Executive Brian Coleman reported that DLA contract revenue was approximately $9 million for the third quarter. He reiterated that 2023 revenue included non-recurring 'surge buying' and that the current expectation for the full year is a run-rate in the low-to-mid $30 million range, compared to over $50 million in 2023.