PESI

Perma-Fix Schedules Fourth Quarter and Fiscal 2023 Business Update Conference Call

Retrieved on: 
Friday, March 8, 2024

ATLANTA, March 08, 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, March 13, 2024.

Key Points: 
  • ATLANTA, March 08, 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, March 13, 2024.
  • A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/50109 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: 514355.
  • The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executive Vice President of Strategic Initiatives, and Ben Naccarato, Executive Vice President and Chief Financial Officer of Perma-Fix Environmental Services, Inc.
    A webcast will also be archived on the Company’s website and a telephone replay of the call will be available approximately one hour following the call, through Wednesday, March 20, 2024, and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code: 50109.

Perma-Fix Joint Venture Receives Formal Award of European Waste Treatment Contract Valued at up to EUR 50 Million

Retrieved on: 
Thursday, December 21, 2023

ATLANTA, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that the European Commission (EC) has formally awarded the previously announced multi-year contract, valued at up to EUR 50 million, for the treatment of radioactive waste from the Joint Research Center (JRC) in Ispra, Italy, to the Company’s joint venture with Campoverde Srl.

Key Points: 
  • ATLANTA, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that the European Commission (EC) has formally awarded the previously announced multi-year contract, valued at up to EUR 50 million, for the treatment of radioactive waste from the Joint Research Center (JRC) in Ispra, Italy, to the Company’s joint venture with Campoverde Srl.
  • Mark Duff, Chief Executive Officer, stated, “We are proud to receive formal award of this contract to support the European Commission’s radioactive waste cleanup mission at JRC in Italy.
  • In addition to the revenue potential of this contract, it opens the door to an expansion of our offering across Europe.
  • Given our long and successful track record in the U.S., we look forward to replicating our capabilities in Europe.”

Perma-Fix Joint Venture Receives Notice of Intent to Award European Waste Treatment Contract Valued at up to EUR 50 Million

Retrieved on: 
Tuesday, November 28, 2023

Finalization of this award is subject to execution of a contract by the parties and, until executed, may be withdrawn by the contracting authority.

Key Points: 
  • Finalization of this award is subject to execution of a contract by the parties and, until executed, may be withdrawn by the contracting authority.
  • Mark Duff, Chief Executive Officer, stated, “We are honored that the European Commission has selected the Company’s joint venture with Campoverde Srl to support its radioactive waste cleanup mission.
  • This selection follows an extensive evaluation, and I am pleased to report that we met or exceeded all the requirements for this important project.
  • If the variance is granted, DOE announced the waste could be stabilized and disposed of at the nation’s two long-term disposal landfills in Texas and Utah.

Perma-Fix Reports 18% Year-Over-Year Increase in Revenue to $21.9 Million for the Third Quarter of 2023

Retrieved on: 
Thursday, November 2, 2023

Nevertheless, these projects have since commenced, which we believe will contribute to improved results for the fourth quarter of 2023.

Key Points: 
  • Nevertheless, these projects have since commenced, which we believe will contribute to improved results for the fourth quarter of 2023.
  • Revenue for the Treatment Segment increased to approximately $10.8 million for the three months ended September 30, 2023, from $8.9 million for the corresponding period of 2022.
  • The increase was primarily due to overall higher waste volume which was offset by lower average price due to revenue mix.
  • Gross profit for the third quarter of 2023 was $4.5 million versus $3.1 million for the third quarter of 2022.

Perma-Fix Schedules Third Quarter 2023 Business Update Conference Call

Retrieved on: 
Monday, October 30, 2023

ATLANTA, Oct. 30, 2023 (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, November 2, 2023.

Key Points: 
  • ATLANTA, Oct. 30, 2023 (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, November 2, 2023.
  • A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/49407 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: 443703.
  • The conference call will be led by Mark J. Duff, Chief Executive Officer, Dr. Louis F. Centofanti, Executive Vice President of Strategic Initiatives, and Ben Naccarato, Executive Vice President and Chief Financial Officer of Perma-Fix Environmental Services, Inc.
    A webcast will also be archived on the Company’s website and a telephone replay of the call will be available approximately one hour following the call, through Thursday, November 9, 2023, and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code: 49407.

RubiconMD Announces Participation in Fall Events and Highlights the Power of Virtual Specialty Care

Retrieved on: 
Wednesday, September 13, 2023

RubiconMD’s fall event calendar highlights the impact of its solutions across senior health, correctional care, diabetes management, and behavioral health.

Key Points: 
  • RubiconMD’s fall event calendar highlights the impact of its solutions across senior health, correctional care, diabetes management, and behavioral health.
  • "Uniting with industry leaders and clinical minds from across the country enables us to share ideas and continue building virtual specialty care innovations to make care more patient-centered.
  • Engaging live and in-person is the perfect way to do this” said Laolu Fayanju, MD, MSc and RubiconMD Chief Medical Director.
  • The onsite team will be highlighting how RubiconMD supports correctional care across 15 states, helping providers to gain greater access to specialty care.

Behavioral Health Tech Conference Announces 2023 Preliminary Agenda, Featured Speakers

Retrieved on: 
Wednesday, September 13, 2023

Keynotes and panel discussions to feature speakers from industry innovators from emerging and leading healthcare and digital health organizations, including Trayt Health, Owl, Pivotal Ventures, Lucet, Brightside Health, Kaiser Permanente, Optum, Amazon, American Medical Association, and more

Key Points: 
  • Keynotes and panel discussions to feature speakers from industry innovators from emerging and leading healthcare and digital health organizations, including Trayt Health, Owl, Pivotal Ventures, Lucet, Brightside Health, Kaiser Permanente, Optum, Amazon, American Medical Association, and more
    Annual summit will take place online and in Phoenix from November 15-17, 2023
    CHICAGO, Sept. 13, 2023 /PRNewswire/ -- Behavioral Health Tech Conference , the largest conference focused on expanding access to mental health and substance use services through technology, health equity and innovation, today announced the preliminary agenda for its annual event taking place online and in-person in Phoenix, Ariz., from November 15-17, 2023.
  • The conference focuses on the challenges and opportunities that health plans, employers, behavioral health providers, digital health companies, investors, and policymakers are navigating across the technological, reimbursement, and policy landscape.
  • The conference is the only public event this year where attendees can meet almost all of the nation's Blue Cross Blue Shield behavioral health leaders and health and wellness benefits leaders at every national employee benefits consulting firm.
  • Sessions will be led by mental healthcare industry luminaries, including:
    Kacie Kelly - Chief Innovation Officer, Meadows Mental Health Policy Institute
    Dr. Julie Goldstein Grumet - Director, Zero Suicide Institute
    Margaret Laws - President & Chief Executive Officer, Hopelab
    Dr. Cara McNulty - President of Behavioral Health & Mental Wellbeing, CVS Health
    Thomas Novak - Senior Advisor on State and Medicaid Policy, Office of National Coordinator for Health IT, US Department of Health and Human Services
    Speakers, tracks, and sessions at the event will include:
    Transforming Health Care to Improve Suicide Prevention: Activating the Levers
    Unveiling the Link Between Employee Benefits, Cost Savings, and Positive Mental Health Outcomes
    "The Behavioral Health Tech Conference provides an opportunity for behavioral health and digital health innovators to share their experiences, learnings, and ideas to get us closer to our collective goal of expanding access and improving the quality of mental and behavioral health care in the U.S.," said Solome Tibebu, founder and CEO, Going Digital: Behavioral Health Tech.

Perma-Fix Joint Venture Awarded $40 Million, 5-Year USACE Contract for Environmental Remediation at the Niagara Falls Storage Site

Retrieved on: 
Monday, August 7, 2023

Enviro-Fix is a joint venture between ECC of Burlingame, CA and Perma-Fix to provide remediation and waste management services for the USACE clean-up mission.

Key Points: 
  • Enviro-Fix is a joint venture between ECC of Burlingame, CA and Perma-Fix to provide remediation and waste management services for the USACE clean-up mission.
  • NFSS occupies approximately 1,500 acres of the original 7,500 acre Lake Ontario Ordnance Works (LOOW), a former trinitrotoluene manufacturing facility built during the 1940s.
  • Cleanup activities are managed by USACE under the oversight of the U.S. Department of Energy (DOE) Office of Legacy Management.
  • This selection highlights our technical capabilities and prior success in remediating such sites and safely disposing of hazardous materials.”

Perma-Fix Reports 29% Increase in Revenue to $25 Million for the Second Quarter of 2023

Retrieved on: 
Thursday, August 3, 2023

Specifically, revenue increased 28.7% to $25.0 million and we achieved a 56.6% increase in gross profit over the same period last year.

Key Points: 
  • Specifically, revenue increased 28.7% to $25.0 million and we achieved a 56.6% increase in gross profit over the same period last year.
  • Revenue for the Treatment Segment was approximately $12.8 million for the second quarter of 2023 as compared to $8.4 million for the second quarter 2022.
  • Gross profit for the second quarter of 2023 was $4.5 million versus $2.9 million for the second quarter of 2022 primarily due to higher revenue generated in both segments.
  • Operating income for the second quarter of 2023 was approximately $844,000 versus operating loss of $880,000 for the second quarter of 2022.

Perma-Fix Announces Over $8 Million in New Contract Awards

Retrieved on: 
Tuesday, August 1, 2023

These projects are expected to start in the third quarter of 2023.

Key Points: 
  • These projects are expected to start in the third quarter of 2023.
  • Mark Duff, President and CEO of the Company, commented, “I am pleased to announce that Perma-Fix has been selected for two new contract awards that we believe will further expand our backlog within the Services Segment.
  • Both of these awards leverage our core competencies regarding characterization, remediation and disposition of hazardous materials and waste management.
  • The combined value of these awards is estimated to be over $8 million over the next few years, but front end loaded over the next 18 months, with opportunities for expansion.”