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Perma-Fix Environmental Services Inc (PESI.OQ)

PESI.OQ on NASDAQ Stock Exchange Capital Market

3.15USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Perma-Fix Q4 earnings per share $0.02
Wednesday, 22 Mar 2017 07:00am EDT 

Perma-fix Environmental Services Inc : Perma-Fix reports results for the fourth quarter and full year of 2016 . Q4 earnings per share $0.02 . Q4 revenue $13.4 million versus $15.1 million . On track to complete closure of M&EC facility by January 2018 . After closure of M&EC facility, fixed facility expenses will be reduced by $4-$5 million annually . Perma-Fix Environmental Services-in process of replacing closure policy on co's northwest facility, will free up about $3.5 million of restricted finite sinking funds . Continue to work towards finalizing an agreement with a private investor to fund medical subsidiary .Expect Q1 of 2017 to be significantly improved compared to Q1 of last year.  Full Article

Perma-Fix announces LOI for certain proposed funding of its Perma-Fix Medical subsidiary
Friday, 14 Oct 2016 07:00am EDT 

Perma-fix Environmental Services Inc : Says entered into LOI with private investor for purchase of $10 million of preferred shares in Perma-Fix Medical Corp .Says preferred shares of PF Corp would allow investor to own about 48.6 percent of co's issued and outstanding voting securities.  Full Article

Perma-Fix q2 loss per share $0.71
Monday, 22 Aug 2016 07:00am EDT 

Perma-fix Environmental Services Inc : Fix reports financial results and provides business update for the second quarter of 2016 . Q2 loss per share $0.71 . Q2 revenue $14.8 million versus $16.4 million . Says failed to meet its quarterly fixed charge coverage ratio in q2 of 2016 . Fix - failure primarily due to delays in receipt of certain waste shipment which have been rescheduled for later this year . Says expects to receive a waiver from its lender for this non-compliance . Sees adjusted ebitda for full year should be approximately of $3 to $4 million . Fix says would be required to reclassify long-term portion of its bank debt, in amount of approximately $9.4 million as of june 30, 2016 . Anticipate improvement in revenue and cash flow in second half of 2016 .Fix environmental - "expect our lender to waive our failure to meet our quarterly fixed charge coverage ratio for q2 of 2016".  Full Article

Perma-Fix Environmental Services estimates Q2 net loss to be about $8.2 mln or $0.71 per share
Tuesday, 16 Aug 2016 07:00am EDT 

Perma-fix Environmental Services Inc : Anticipate improvement in revenue and cash flow in second half of 2016 . Disappointed that delays of certain waste shipments co encountered in Q1 continued in Q2 of 2016 . Estimates net loss to be about $8.2 million or $0.71 per share for Q2 of 2016 . It has filed a form 12b-25 for an extension of time to file its form 10-Q . Waste shipments are still scheduled and are expected to occur in second half of 2016 .Fix environmental services- estimates it will have revenues from continuing operations of about $14.8 million for three months ended June 30, 2016.  Full Article

Perma-Fix Environmental Services files for non-timely 10-Q
Monday, 15 Aug 2016 05:16pm EDT 

Perma-Fix Environmental Services Inc : Perma-Fix - such waiver is not expected to be received until after the scheduled deadline filing date of august 15, 2016 . Perma-Fix - inability to meet fixed charge coverage ratio in q2 2016 due to delays in receipt of certain waste shipments which have been rescheduled . Perma-Fix - expects to meet its quarterly fixed charge coverage ratio requirement in each of the remaining quarters of 2016 . Files for non-timely 10-q with u.s. Sec - sec filing .Perma-Fix - expected to receive a waiver from its lender as a result of its failure to meet its second quarter fixed charge coverage ratio covenant.  Full Article

Heartland Advisors reports 13.6 pct stake in Perma-Fix Environmental Services, may talk to co
Wednesday, 27 Jul 2016 01:03pm EDT 

Heartland Advisors, Inc. Reports 13.6 Pct Stake In Perma-fix Environmental Services Inc : Heartland Advisors Inc. reports 13.6 pct stake in Perma-fix Environmental Services Inc as of July 26, 2016 - SEC filing . Heartland Advisors Inc may discuss ideas with perma-fix environmental that, if effected, may result in changes in co's board or management and/or other strategic alternatives .Heartland Advisors Inc - says its ideas on strategic alternatives for Perma-Fix Environmental may include hiring of an investment banker to find an appropriate buyer.  Full Article

Perma-Fix Environmental Services reports Q1 loss per share $0.33
Tuesday, 17 May 2016 07:52am EDT 

Perma-Fix Environmental Services Inc : Q1 loss per share $0.33 . Q1 revenue $10 million versus $13.6 million . Qtrly loss per share from continuing operations $0.32 ."We anticipate an increase in adjusted EBITDA for full year of 2016 as compared to 2015".  Full Article

Perma-Fix Environmental Services Inc reaffirms FY 2015 EBITDA guidance
Thursday, 6 Aug 2015 07:30am EDT 

Perma-Fix Environmental Services Inc:Reaffirmed FY 2015 Adjusted EBITDA of $6 mln - $7 mln.FY 2015 EBITDA of $6.63 mln - Thomson Reuters I/B/E/S.  Full Article

Perma-Fix Environmental Services Inc gives FY 2015 EBITDA guidance
Friday, 8 May 2015 07:00am EDT 

Perma-Fix Environmental Services Inc:Projects Adjusted EBITDA (as defined below) of $6 mln - $7 mln in FY 2015.  Full Article

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BRIEF-Perma-Fix announces LOI for certain proposed funding of its Perma-Fix Medical subsidiary

* Says entered into LOI with private investor for purchase of $10 million of preferred shares in Perma-Fix Medical Corp