Perma-Fix Secures $50M In New Contracts In Q3

Perma-Fix Environmental Services, Inc. PESI has secured a total of ~$50 million in contract awards during Q3, to be recognized over the next 18 to 24 months.
These new contracts, supporting the U.S. government, enhance the company's project backlog within the Services Segment, now estimated at $74 million heading into the Q4.
"In addition to these latest awards, we are encouraged by our growing sales pipeline in both the nuclear services and waste treatment segments that will position Perma-Fix for solid growth in 2022," said CEO Mark Duff.
Price Action: PESI shares are trading higher by 4.84% at $6.80 on the last check Monday.