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Perma-Fix Q1 FY26 net loss widens to $7.49 million; revenue falls to $11.13 million

PUBT·05/06/2026 11:17:31
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Perma-Fix Q1 FY26 net loss widens to $7.49 million; revenue falls to $11.13 million
  • Perma-Fix Environmental Services posted a Q1 net loss of $7.49 million, widening from $3.57 million a year earlier; loss per share widened to $0.40 from $0.19.
  • Revenue fell 20.06% to $11.13 million, reflecting lower waste volumes and a less favorable average waste pricing mix.
  • Operating loss widened to $7.48 million from $3.74 million; gross loss was $2.88 million versus gross profit of $657,000.
  • Perma-Fix Northwest began receiving Hanford ETF waste, with additional DFLAW-related waste streams anticipated; Services mobilized on a Lawrence Livermore National Laboratory demolition and disposal agreement valued at about $24 million over two years.
  • Management expects improved performance beginning in Q2 and through 2026, citing permit-driven capacity expansion at the Northwest facility, rising Hanford-related receipts, long-term grouting opportunities, Nuclear Services momentum, and PFAS technology expansion including installation of a Gen 2.0 unit.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perma-Fix Environmental Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605060700PRIMZONEFULLFEED9714107) on May 06, 2026, and is solely responsible for the information contained therein.