Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how company in the United States. It operates in three segments: Treatment, Services, and Medical. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities. This segment is also involved in the research and development activities to identify, develop, and implement waste processing techniques for problematic waste streams. The Services segment provides technical services, including professional radiological measurement and site survey of government and commercial installations; integrated occupational safety and health services; and consulting, engineering, project and waste management, environmental, decontamination and decommissioning (D&D) field, technical, on-site waste management services, and management personnel and services. This segment also offers nuclear services, including technology-based services comprising engineering, D&D, specialty, construction, logistics, transportation, processing, and disposal; offers remediation of nuclear licensed and federal facilities, as well as cleanup of nuclear legacy sites; and owns an equipment calibration and maintenance laboratory that services, maintains, calibrates, and sources health physics, industrial hygiene, and customized nuclear, environmental, and occupational safety and health instrumentation, as well as laboratory for analysis of oil and gas industry solids and liquids. The Medical segment is involved in the research and development of medical isotope production technology. The company provides its services to research institutions, commercial companies, public utilities, and governmental agencies through direct sales to customers or through intermediaries. Perma-Fix Environmental Services, Inc. was incorporated in 1990 and is based in Atlanta, Georgia.
IPO Year:
Exchange: NASDAQ
Website: perma-fix.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2024 | $18.00 | Buy | Craig Hallum |
Improved gross margins and rising backlog driven by increased waste receipts Strategic investments expected to position the Company for stronger performance in the second half of 2025 ATLANTA, May 08, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results and provided a business update for the first quarter ended March 31, 2025. "Our first quarter results reflect the impact of several transitional headwinds," said Mark Duff, President and Chief Executive Officer of Perma-Fix Environmental Services. "Delays in procurement and waste shipments tied to the change in federal administration limited revenue growth during
ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it will host a conference call at 10:00 AM Eastern Time on Thursday, May 8, 2025. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/52435 or in the investor section of the Company's website at https://ir.perma-fix.com/conference-calls. The conference call will be available via telephone by dialing toll free 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers, and by entering access code: 146674. The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executive Vic
GREENWICH, Conn., March 31, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 11th Annual Waste & Sustainability Symposium on Thursday, April 3, 2025 at the Harvard Club in New York City. This timely conference will feature presentations by senior management of leading companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Agenda: 7:50 AMOpening RemarksTony Bancroft – Gabelli FundsHanna Howard – Gabelli Funds 8:00Toppoint Holdings, Inc. (NYSE:TOPP)John Feliciano – CFO 8:30Republic Services, Inc. (NYSE:RSG)Brian DelGhiaccio – CFOAaron Evans – IR 9:00Ranpak Holdings Corp. (NYSE:PACK)Bill Drew – CFO 9:30Waste Connections, Inc. (NYSE:
ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced that Mark Duff, Chief Executive Officer, and Ben Naccarato, Chief Financial Officer, will be presenting at Gabelli Funds' 11th Annual Waste & Environmental Services Symposium, being held on Thursday, April 3rd at the Harvard Club in New York City. Mr. Duff and Mr. Naccarato are scheduled to present at 1:15 PM ET. Management will also be participating in one-on-one meetings with qualified investors throughout the conference. The 11th Annual Waste & Environmental Services Symposium draws companies with a focus on the themes of waste, water treatment, and the env
GREENWICH, Conn., March 24, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 11th Annual Waste & Sustainability Symposium on Thursday, April 3, 2025 at the Harvard Club in New York City. This timely conference will feature presentations by senior management of leading companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Agenda: 7:50 AMOpening RemarksTony Bancroft – Gabelli FundsHanna Howard – Gabelli Funds 8:00Toppoint Holdings, Inc. (NYSE:TOPP)John Feliciano – CFO 8:30Republic Services, Inc. (NYSE:RSG)Brian DelGhiaccio – CFOAaron Evans – IR 9:00Ranpak Holdings Corp. (NYSE:PACK)Bill Drew – CFO 9:30Waste Connections, Inc. (NY
ATLANTA, March 13, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results and provided a business update for the fourth quarter and full year ended December 31, 2024. Mark Duff, President and CEO of the Company, commented, "While our financial performance in the fourth quarter of 2024 was impacted by ongoing yet temporary delays in project starts and waste receipts, we remain confident in the overall outlook and significant opportunities that lie ahead. In the first quarter of 2025, we see improving waste volume receipts and backlog, positioning us to resume revenue growth. Importantly, our waste treatment operat
ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it will host a conference call at 11:00 AM Eastern Time on Thursday, March 13, 2025. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/52161 or in the investor section of the Company's website at https://ir.perma-fix.com/conference-calls. The conference call will be available via telephone by dialing toll free 877-545-0523 for U.S. callers or +1 973-528-0016 for international callers, and by entering access code: 641119. The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executiv
ATLANTA, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company" or "Perma-Fix") today provided an update on the progress and advancements in its proprietary PFAS (per- and polyfluoroalkyl substances) treatment technology, Perma-FAS. In Q4 2024, Perma-Fix initiated commercial full-scale treatment with its 1,000 gallon PFAS Destruction Reactor located at the Perma-Fix of Florida site. After several months of continuous operation, treating commercial PFAS-contaminated waste, the system has delivered exceptional results, confirming its effectiveness in PFAS destruction. Perma-Fix's technology is successfully processing and eliminating various typ
ATLANTA, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced the appointment of Troy Eshleman as Chief Operating Officer (COO), effective January 23, 2025. Mr. Eshleman previously served as Vice President of Operations for Perma-Fix and brings more than 34 years of expertise in radioactive waste management, facility decommissioning, and hazardous materials logistics. Before joining the Company, Mr. Eshleman served in a variety of leadership roles, including as President of Oakleaf Environmental, Inc., a consulting firm specializing in mergers and acquisitions, business strategy, and technical support for private equity, co
ATLANTA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) ("Perma-Fix" or the "Company"), today announced the pricing of its previously announced underwritten public offering of 2,200,000 shares of its common stock at a price to the public of $10.00 per share. Perma-Fix expects the gross proceeds from the offering to be approximately $22 million before deducting the underwriting discount and other estimated offering expenses. In connection with the offering, Perma-Fix has granted the underwriter a 30-day option to purchase up to 330,000 additional shares of its common stock at the public offering price, less the underwriting discount. The offering is e
Craig Hallum initiated coverage of Perma-Fix Enviro with a rating of Buy and set a new price target of $18.00
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4 - PERMA FIX ENVIRONMENTAL SERVICES INC (0000891532) (Issuer)
4 - PERMA FIX ENVIRONMENTAL SERVICES INC (0000891532) (Issuer)
ATLANTA, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced the appointment of Troy Eshleman as Chief Operating Officer (COO), effective January 23, 2025. Mr. Eshleman previously served as Vice President of Operations for Perma-Fix and brings more than 34 years of expertise in radioactive waste management, facility decommissioning, and hazardous materials logistics. Before joining the Company, Mr. Eshleman served in a variety of leadership roles, including as President of Oakleaf Environmental, Inc., a consulting firm specializing in mergers and acquisitions, business strategy, and technical support for private equity, co
Allonnia brings on advisors for Finance, Human Resources and Marketing as they continue growth and commercialization Allonnia, the bio-ingenuity company dedicated to extracting value where others see waste, today announces the appointment of Lieutenant General (Ret.) Thomas P. Bostick to its Board of Directors. The company is also excited to share the addition of key advisory positions, Jessica Kates (Rellevant Partners), Pamela Watkins (DuPont), and Rob Le Bras-Brown (HP Inc.). Speaking to the board addition Nicole Richards, CEO, Allonnia said "We are extremely fortunate to have the opportunity to work with Tom. He is an inspirational leader with a broad skill set in both the private bio
Served as Deputy Director for Policy to then Vice President Biden in the Obama-Biden White House and Held Senior Roles in the Energy Department Served as Biden Campaign Appointee to the Biden-Sanders Climate Change Unity Task Force ATLANTA, May 06, 2021 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced the appointment of Kerry C. Duggan to the Company's Board of Directors. Ms. Duggan is one of the nation's premier environmental policy experts, having held senior roles in government, as well as the private, academic and non-profit sectors. Ms. Duggan is the founder of SustainabiliD, a sustainability and strategy consulting firm. In F
Improved gross margins and rising backlog driven by increased waste receipts Strategic investments expected to position the Company for stronger performance in the second half of 2025 ATLANTA, May 08, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results and provided a business update for the first quarter ended March 31, 2025. "Our first quarter results reflect the impact of several transitional headwinds," said Mark Duff, President and Chief Executive Officer of Perma-Fix Environmental Services. "Delays in procurement and waste shipments tied to the change in federal administration limited revenue growth during
ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it will host a conference call at 10:00 AM Eastern Time on Thursday, May 8, 2025. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/52435 or in the investor section of the Company's website at https://ir.perma-fix.com/conference-calls. The conference call will be available via telephone by dialing toll free 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers, and by entering access code: 146674. The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executive Vic
ATLANTA, March 13, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results and provided a business update for the fourth quarter and full year ended December 31, 2024. Mark Duff, President and CEO of the Company, commented, "While our financial performance in the fourth quarter of 2024 was impacted by ongoing yet temporary delays in project starts and waste receipts, we remain confident in the overall outlook and significant opportunities that lie ahead. In the first quarter of 2025, we see improving waste volume receipts and backlog, positioning us to resume revenue growth. Importantly, our waste treatment operat
ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it will host a conference call at 11:00 AM Eastern Time on Thursday, March 13, 2025. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/52161 or in the investor section of the Company's website at https://ir.perma-fix.com/conference-calls. The conference call will be available via telephone by dialing toll free 877-545-0523 for U.S. callers or +1 973-528-0016 for international callers, and by entering access code: 641119. The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executiv
ATLANTA, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results for the third quarter ended September 30, 2024, and provided a business update. Mark Duff, President and CEO of the Company, commented, "During the third quarter, we continued to experience temporary weakness, partly due to ongoing delays in service starts and waste shipments. Additionally, our Florida facility was impacted by Hurricane Helene, resulting in extended power outages and required repairs, which have since been completed. In light of the headwinds we faced in 2024, we reduced expenses and streamlined operations outside of R&D, whic
ATLANTA, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it will host a conference call at 11:00 AM Eastern Time on Wednesday, November 13, 2024. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/51652 or in the investor section of the Company's website at https://ir.perma-fix.com/conference-calls. The conference call will be available via telephone by dialing toll free 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers, and by entering access code: 271776. The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Execu
ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results and provided a business update for the second quarter ended June 30, 2024. Mark Duff, President and CEO of the Company, commented, "Our second quarter performance remained weak due to ongoing government delays in waste shipments, awarding new task orders and procuring other projects. We also experienced an extended equipment failure at one of our facilities that adversely impacted our revenue and overall performance. Nevertheless, we believe that these are temporary issues. We are encouraged by the trends heading into Q3, driven by our increas
ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it will host a conference call at 11:00 AM Eastern Time on Thursday, August 8, 2024. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/51027 or in the investor section of the Company's website at https://ir.perma-fix.com/conference-calls. The conference call will be available via telephone by dialing toll free 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers, and by entering access code: 108386. The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executive
ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") announces it has acquired the Environmental Waste Operations Center (EWOC) near Oak Ridge, Tennessee. The EWOC facility has been leased by the Company for several years and this purchase solidifies Perma-Fix's plans to invest in facility upgrades to capitalize on regional opportunities, including large-scale decontamination projects, waste processing, trans-loading from truck to rail, and the future implementation of PFAS (Per- and polyfluoroalkyl substances) waste processing capabilities. Spanning over 29,000 square feet of licensed storage and processing area for radioactive
ATLANTA, May 09, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced financial results and provided a business update for the first quarter ended March 31, 2024. Mark Duff, President and CEO of the Company, commented, "As previously disclosed, our financial performance in the first quarter of 2024 was impacted by a few temporary headwinds. However, we have seen steady improvement heading into the second quarter and anticipate a strong second half of 2024. The weakness we experienced was due in part to delayed project starts and waste shipments, as well as challenging weather conditions during the first quarter of 2024. Howe
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