PESI

Perma-Fix Reports Financial Results and Provides Business Update for the First Quarter of 2024

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星期四, 五月 9, 2024
Congress, Continuing resolution, PFAS, DOE, Vexatious litigation, EPA, Investment, Weather, Depreciation, Research, Tax, PESI, Operating cost, Loss, Vitrification, Government, GAAP, Ecosystem

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.

Key Points: 
  • 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.
  • Revenue was $13.6 million for the first quarter of 2024 as compared to $20.1 million for the corresponding period of 2023.

Perma-Fix Environmental Services Commends EPA on Regulatory and Enforcement Measures for PFAS

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星期三, 五月 8, 2024
Centofanti, Public, PFAS, EPA, Investment, Drinking water, Head, Policy, Commercial, Biosolids, Compensation, Water resources, Incineration, Environment, Groundwater, CERCLA, PESI, GxP, TRI, Government, Ecosystem, Cosmetics

ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today applauded the U.S. Environmental Protection Agency (EPA) for setting strict new regulatory and enforcement measures related to per- and polyfluoroalkyl substances (PFAS).

Key Points: 
  • ATLANTA, May 08, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today applauded the U.S. Environmental Protection Agency (EPA) for setting strict new regulatory and enforcement measures related to per- and polyfluoroalkyl substances (PFAS).
  • Finalizing standards to protect people and communities from PFAS contamination in drinking water, including establishment of the first-ever national, legally enforceable drinking water standard for PFAS.
  • In alignment with these new measures, Perma-Fix recently completed successful pilot tests for its new PFAS destruction process, recently trademarked as Perma-FAS™.
  • Mark Duff, President and CEO of the Company, further noted, "Perma-Fix Environmental Services is fully aligned with the EPA's mission to tackle the PFAS challenge head-on.

Perma-Fix Schedules First Quarter 2024 Business Update Conference Call

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星期二, 五月 7, 2024
PESI, Telephone, Ecosystem

ATLANTA, May 07, 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, May 9, 2024.

Key Points: 
  • ATLANTA, May 07, 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, May 9, 2024.
  • A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2243/50534 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: 429091.
  • 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, May 16, 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: 50534.

U.S. Department of Energy Selects Perma-Fix to Participate in Nationwide DD&R Small Business IDIQ Contract

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星期五, 五月 3, 2024
DOE, Small business, NNSA, Environmental resource management, DD, Indefinite, PESI, IDIQ, ONR, EM, Ecosystem

ATLANTA, May 03, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that it was selected by the U.S. Department of Energy (DOE) Office of Environmental Management (EM) to participate in a 10-year, small business set-aside, multiple-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract to provide nationwide Deactivation, Decommissioning and Removal (DD&R) services for EM sites, the National Nuclear Security Administration (NNSA), Office of Naval Reactors (ONR), and the Office of Science (SC).

Key Points: 
  • ATLANTA, May 03, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that it was selected by the U.S. Department of Energy (DOE) Office of Environmental Management (EM) to participate in a 10-year, small business set-aside, multiple-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract to provide nationwide Deactivation, Decommissioning and Removal (DD&R) services for EM sites, the National Nuclear Security Administration (NNSA), Office of Naval Reactors (ONR), and the Office of Science (SC).
  • The Perma-Fix team is among fourteen small businesses selected, making them eligible to compete for firm fixed price and cost reimbursement task orders with a maximum ceiling of $2 billion over a 10-year period.
  • Mark Duff, President and CEO of the Company, commented, “We are honored to have been chosen among a select group of companies to participate in this 10-year IDIQ contract to support the DOE’s cleanup mission.
  • We believe this selection highlights our growing reputation, technical capabilities, and proven track record of addressing our nation’s most pressing environmental challenges in a safe and cost-effective manner.”

Perma-Fix Successfully Completes Pilot Plant Testing and Unveils New Process for Destruction of PFAS “Forever Chemicals”

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星期三, 四月 3, 2024
AFFF, Pregnancy, Centofanti, Obesity, Pressure, PFAS, Incineration, Environment, Cancer, Water pollution, Puberty, Risk, Calcium fluoride, Research, History, PESI, Fertility, Prostate, Commercial, Human, Chemistry, Infection, Ecosystem, Water, Kidney, Patent, Biosolids, Government, Cosmetics

Present disposal options for PFAS liquids include deep wells, incineration and landfills, all of which have serious environmental liability issues.

Key Points: 
  • Present disposal options for PFAS liquids include deep wells, incineration and landfills, all of which have serious environmental liability issues.
  • We expect that the Perma-Fix’s process will virtually eliminate PFAS compounds (minimum of 99.9999% destruction) and reduces the environmental liability associated with these materials.
  • Additionally, the process is designed to operate at a highly competitive price compared to traditional disposal options.
  • According to a recent article in Barron’s the estimated cleanup cost for PFAS compounds could exceed $200 billion.

Perma-Fix to Present at the 10th Annual Gabelli & Company Waste Services Symposium in New York City on April 4th

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星期三, 三月 27, 2024
Environment, PESI, Ecosystem

ATLANTA, March 27, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that Mark Duff, Chief Executive Officer of Perma-Fix, will be presenting at the 10th Annual Gabelli & Company Waste Services Symposium, being held on Thursday, April 4th at the Harvard Club in New York City.

Key Points: 
  • ATLANTA, March 27, 2024 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that Mark Duff, Chief Executive Officer of Perma-Fix, will be presenting at the 10th Annual Gabelli & Company Waste Services Symposium, being held on Thursday, April 4th at the Harvard Club in New York City.
  • Mr. Duff is scheduled to present at 1:15 PM ET.
  • To request a meeting, please contact James Carey at Gabelli & Company: [email protected] .
  • The 10th Annual Gabelli & Company Waste Services Symposium draws companies with a focus on the themes of waste, water treatment, and the environment.

Perma-Fix Achieves 36% Year-Over-Year Increase in Revenue to $22.7 Million for the Fourth Quarter of 2023

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星期三, 三月 13, 2024
USGS, Vitrification, Tax, PFAS, JV, COVID-19, Research, PESI, Loss, Adjustment, DOD, EPA, Treatment, European, Economy, Investment, Ecosystem, Coronavirus, Depreciation, GAAP, United States Geological Survey, Continuing resolution, Government, DOE, ERC, Video game

Revenue from the Treatment Segment increased by approximately $1.6 million to $10.2 million in the fourth quarter of 2023 from $8.6 million for the corresponding period of 2022.

Key Points: 
  • Revenue from the Treatment Segment increased by approximately $1.6 million to $10.2 million in the fourth quarter of 2023 from $8.6 million for the corresponding period of 2022.
  • Gross profit for the fourth quarter of 2023 was $4.3 million versus $2.0 million for the fourth quarter of 2022.
  • Operating loss for the fourth quarter of 2023 was approximately $9,000 versus operating loss of $1.7 million for the fourth quarter of 2022.
  • Revenue from the Treatment Segment increased by approximately $10.1 million to $43.5 million in 2023 from $33.4 million in 2022.

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

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星期五, 三月 8, 2024
PESI, Ecosystem, Telephone

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

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星期四, 十二月 21, 2023
European Commission, Joint Research Centre, Radioactive waste, Ecosystem, Civil service commission, European, EUR, JRC, PESI

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

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星期二, 十一月 28, 2023
European Commission, Risk, Joint Research Centre, Radioactive waste, Ecosystem, Civil service commission, LAW, DOE, EPA, LDR, EUR, Vitrification, Overalls, JRC, PESI

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.