What caused HDSN's earnings to decline in Q2 2024?

Hudson Technologies Inc. (HDSN) experienced a decline in earnings in Q2 2024 due to a combination of factors:

1. **Revenue Decline**: The company's total revenue for Q2 2024 was $75.28 million, which included a revenue surprise of -$3.88 million. This decline in revenue can be a direct indicator of lower sales or operational inefficiencies, contributing to the net income decrease.

|code|Ticker|Name|Date|Revenue Surprise|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|HDSN|HDSN.O|Hudson Technologies|2023 Q3|-9874000|7.6496E7|186|
|HDSN|HDSN.O|Hudson Technologies|2023 Q4|4576000|4.4856E7|186|
|HDSN|HDSN.O|Hudson Technologies|2024 Q1|-390000|6.525E7|186|
|HDSN|HDSN.O|Hudson Technologies|2024 Q2|-3878000|7.5282E7|186|

2. **Net Income Decrease**: The net income for HDSN in Q2 2024 was $9.59 million, with an EPS surprise of -$0.05. This decrease in net income suggests that the company's profitability has been negatively impacted, which could be a result of increased costs, reduced profitability margins, or a combination of both.

|code|Ticker|Name|Date|Net Income|market_code|
|---|---|---|---|---|---|
|HDSN|HDSN.O|Hudson Technologies|2023 Q3|1.3582E7|186|
|HDSN|HDSN.O|Hudson Technologies|2023 Q4|3945000|186|
|HDSN|HDSN.O|Hudson Technologies|2024 Q1|9562000|186|
|HDSN|HDSN.O|Hudson Technologies|2024 Q2|9585000|186|

In summary, the decline in HDSN's earnings in Q2 2024 can be attributed to a combination of lower revenue and reduced net income, which may indicate challenges in sales, operational efficiency, and profitability management for the company during that period.