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Perma-Fix Environmental Services Inc (PESI.OQ)

PESI.OQ on NASDAQ Stock Exchange Capital Market

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22 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Perma-Fix Partners With Veolia Nuclear Solutions
Monday, 29 Jan 2018 08:51am EST 

Jan 29 (Reuters) - Perma-Fix Environmental Services Inc ::PERMA-FIX PARTNERS WITH VEOLIA NUCLEAR SOLUTIONS TO EXPAND TREATMENT CAPABILITIES.PERMA-FIX ENVIRONMENTAL SERVICES INC - VEOLIA NUCLEAR SOLUTIONS WILL PROVIDE ITS PATENTED GEOMELT SYSTEM.  Full Article

PESI To Cooperate With Italy's ENEA
Wednesday, 17 Jan 2018 03:36am EST 

Jan 16 (Reuters) - PERMA FIX MEDICAL SA :SAID ON TUESDAY THAT PERMA FIX ENVIRONMENTAL SERVICES, INC. <<>> (PESI) SIGNS A COOPERATION AGREEMENT WITH ITALIAN NATIONAL AGENCY FOR NEW TECHNOLOGIES, ENERGY AND SUSTAINABLE ECONOMIC DEVELOPMENT (ENEA).UNDER THE AGREEMENT, THE PARTIES WILL WORK TO ADVANCE A VARIETY OF PERMA-FIX'S NUCLEAR TECHNOLOGIES AND PROCESSES IN ITALY.THE COOPERATION INCLUDES WORK ON ACCELERATED DEVELOPMENT OF THE PRODUCTION OF TECHNETIUM-99 ISOTOPE.THE COOPERATION WITH ENEA, ACCORDING TO THE COMPANY'S MANAGEMENT, WILL BRING TO THE COMPANY THE TECHNOLOGICAL AND INDUSTRIAL EXPERTISE AS WELL AS TECHNICAL RESOURCES SUCH AS TRIGA RC-1 RESEARCH REACTOR.PERMA-FIX MEDICAL WAS FORMED TO DEVELOP, OBTAIN FDA AND OTHER REGULATORY APPROVAL AND COMMERCIALIZE A NEW PROCESS TO PRODUCE TC-99M.PESI IS THE MAJORITY SHAREHOLDER OF THE COMPANY.  Full Article

Perma-Fix Environmental reports Q3 loss per share $0.17
Friday, 10 Nov 2017 07:30am EST 

Nov 10 (Reuters) - Perma-Fix Environmental Services Inc :Perma-Fix reports financial results and provides business update for the third quarter of 2017.Q3 loss per share $0.17.Q3 revenue $11.8 million versus $12.9 million.Perma-Fix Environmental Services Inc - ‍closure of co's east Tennessee materials and energy corporation facility is proceeding on schedule​.Perma-Fix Environmental Services Inc - ‍ upon final closure of M&EC, believe co will eliminate approximately $4 million of annual expenses​.  Full Article

Heartland Advisors cuts stake in Perma-fix Environmental Services to 12.1 pct from 14.3 pct
Thursday, 7 Sep 2017 11:32am EDT 

Sept 7 (Reuters) - Perma-fix Environmental Services Inc :Heartland Advisors Inc reports 12.1 percent stake in Perma-Fix Environmental Services ‍​as of August 30 versus a stake of 14.3 percent as of July 24 - sec filing.  Full Article

Perma-Fix posts Q2 loss per share $0.10
Wednesday, 9 Aug 2017 07:30am EDT 

Aug 9 (Reuters) - Perma-fix :Perma-Fix reports financial results for the second quarter of 2017 and provides business update.Q2 loss per share $0.10.Q2 revenue $12.7 million versus $14.8 million.  Full Article

Perma-Fix Environmental Services seeks funding for co's unit PF Medical's R&D
Friday, 21 Jul 2017 02:11pm EDT 

July 21 (Reuters) - Perma-Fix Environmental Services Inc ::Says on July 20, provided notification to a potential investor of intent to seek funding for co's unit PF Medical's research and development.Says due to potential funding deal not closing, PF Medical to proceed with seeking funding from alternative sources.  Full Article

Perma-Fix reports Q1 loss per share $0.06
Wednesday, 10 May 2017 07:00am EDT 

May 10 (Reuters) - Perma-fix :Perma-Fix reports increased revenue and cash flow for the first quarter of 2017.Q1 loss per share $0.06.Q1 revenue $12.7 million versus $10 million.  Full Article

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

BRIEF-PESI To Cooperate With Italy's ENEA

* SAID ON TUESDAY THAT PERMA FIX ENVIRONMENTAL SERVICES, INC. (PESI) SIGNS A COOPERATION AGREEMENT WITH ITALIAN NATIONAL AGENCY FOR NEW TECHNOLOGIES, ENERGY AND SUSTAINABLE ECONOMIC DEVELOPMENT (ENEA)