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

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

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 Stock Performance

NASDAQ PESI traded down $1.59 on Tuesday, reaching $10.46. The stock had a trading volume of 388,092 shares, compared to its average volume of 135,066. Perma-Fix Environmental Services has a 12-month low of $6.25 and a 12-month high of $16.50. The stock has a market cap of $193.79 million, a P/E ratio of -15.83 and a beta of 0.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.72 and a current ratio of 1.77. The business’s 50-day moving average price is $14.16 and its 200 day moving average price is $12.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its stake in shares of Perma-Fix Environmental Services by 102.9% in the third quarter. BNP Paribas Financial Markets now owns 3,350 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 1,699 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Perma-Fix Environmental Services by 18.2% during the first 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 last quarter. Cubist Systematic Strategies LLC purchased a new position in Perma-Fix Environmental Services in the first quarter valued at about $77,000. MetLife Investment Management LLC increased its position in Perma-Fix Environmental Services by 171.6% in 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 last quarter. Finally, Rhumbline Advisers increased its position in Perma-Fix Environmental Services by 18.4% in 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 last quarter. 25.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated 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, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About Perma-Fix Environmental Services

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.