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Perma-Fix Environmental Services Plunges 23.2% on Revenue Miss
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 8:37 am ET1min read
On April 9, 2025,
experienced a significant drop of 23.2% in pre-market trading, marking a notable decline in its stock performance.Perma-Fix Environmental Services reported revenues of $14.7 million for the fourth quarter, reflecting a year-on-year decrease of 35.3%. This figure fell short of analysts' expectations by 6.9%, indicating a challenging period for the company. The revenue shortfall is likely a key factor contributing to the recent stock price decline, as investors reassess the company's financial health and future prospects.
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