CECO Environmental (CECE) Tops Q4 EPS by 14c

CECO Environmental (NASDAQ: CECE) reported Q4 EPS of $0.35, $0.14 better than the analyst estimate of $0.21. Revenue for the quarter came in at $100 million versus the consensus estimate of $100.97 million.

Fourth Quarter 2016 Highlights*

• Revenue of $100.0 million, down 1.3%
• Gross profit of $35.7 million, up 15.9%
• Gross margin of 35.7%, up 530 basis points
• GAAP net loss of $ 51.2 million, or $1.49 per share
• Non-GAAP net income of $12.0 million, or $0.35 per share
• Adjusted EBITDA of $16.3 million

For earnings history and earnings-related data on CECO Environmental (CECE) click here.

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