CDTi Announces First Quarter 2015 Financial Results
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Roth Capital Reiterates Buy Following Clean Diesel Technologies (CDTI) Q1 Results
May 13, 2015 12:25 PM EDTRoth Capital reiterates it's Buy rating on Clean Diesel Technologies (NASDAQ: CDTI), with a price target of $2.50, following Q1 results. CDTI reported revenues of $10.3mn, compared to estimates of $9mn and consensus of 9.7mn. GMs were 27.3%, compared to Roth's estimate of 27.8% and consensus of 28.9%. EPS was inline with Roth's expectations of ($0.21), but missed consensus of ($0.14).... More
Roth Affirms Clean Diesel Tech (CDTI) at 'Buy'; HDD, Catalyst Performing Well
May 13, 2015 11:40 AM EDTRoth Capital affirms Clean Diesel Technologies Inc. (Nasdaq: CDTI) with a Buy rating and $2.50 price target following Q1 results issued Tuesday morning.
Analyst Matt Koranda summarized results: DuraFit progress appears to be strong with >$1mn in revenue from the new business... More
Clean Diesel Technologies (CDTI) Posts Q1 Loss of 21c/Share
May 12, 2015 8:09 AM EDTClean Diesel Technologies (NASDAQ: CDTI) reported Q1 EPS of ($0.21), $0.07 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $10.3 million versus the consensus estimate of $9.7 million.
Chris Harris, CDTi's President and CEO, stated: "In the first quarter, our commercialization efforts drove results for DuraFit replacement diesel particulate filters (DPFs) and our broader portfolio of advanced catalysts. We secured New York City's Department of Sanitation as our first major fleet... More
