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Stock impact report

Perma-Fix Environmental Services Inc (PESI) Q3 2024 Earnings Call Highlights: Strategic Growth ... [Yahoo! Finance]

Perma-Fix Environmental Services, Inc. (PESI) 
US:NASDAQ Investor Relations: perma-fix.com
Company Research Source: Yahoo! Finance
Perma-Fix Environmental Services Inc ( NASDAQ:PESI ) launched its first commercial Perma-Fast system for PFAS treatment, marking a significant milestone. The company reported improvements in its services segment and treatment plants, with expectations for continued progress into Q4. PESI's international segment is expected to generate nearly $7 million in revenue from larger waste streams from Canada, Mexico, and Germany. The company was selected as an integrated subcontractor for a 10-year $3 billion project with a US government agency, reflecting strategic growth. PESI's acquisition of the Environmental Waste Operations Center in Oak Ridge, Tennessee, enhances operational capabilities and productivity. PESI reported a decrease in total revenue by 23.2% compared to the previous year, with both treatment and service segments experiencing declines. Operational disruptions, including hurricane-related outages and equipment failures, particularly affected the Florida facilit Show less Read more
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