Perma-Fix Misses Wall Street Estimates, Stock Drops

Perma-Fixs Q1 Results Disappoint: Sales Drop, Earnings Plunge, Stock Slides Perma-Fix, a Nasdaq-listed environmental waste treatment company, reported disappointing Q1 results for calendar year 2026. Sales plummeted 20.1% year-over-year to $11.13 million, missing Wall Streets $13 million estimate. Earnings per share clocked in at a loss of $0.40, 66.7% worse than the expected $0.24 loss. Adjusted EBITDA plunged to -$6.99 million, with margins shrinking to -62.8% from -23.5% last year. CEO Mark Duff attributed the results to a planned transition quarter, positioning for stronger activity starting in Q2. The stock reacted quickly, sliding 5.2% to $12.28. Despite ongoing cost pressures, analysts remain optimistic, forecasting 67.1% revenue growth over the next twelve months from new services. However, free cash flow margins sit negative 9.7% on average, burning cash and raising endurance questions in this cyclical industry. The second quarter will be crucial to determine real momentum. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7d201808984e215c