Clean Diesel Technologies (CDTI) Tops Q2 EPS by 4c, Offers Guidance

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CDTi Announces Second Quarter 2015 Financial Results

August 6, 2015 8:01 AM EDT

Accelerates Commercialization of Advanced Materials Technologies Reaffirms Full Year 2015 Financial Guidance

OXNARD, Calif., Aug. 6, 2015 (GLOBE NEWSWIRE) -- Clean Diesel Technologies, Inc. (Nasdaq: CDTI) ("CDTi" or "the Company"), a leader in advanced emission control technology, reported financial results for the second quarter ended June 30, 2015.

Chris Harris, CDTi's President and CEO, stated: "Our second quarter results were in line with our expectations and reflect continued progress on our technology development and commercialization initiatives. Revenue was $9.9 million reflecting sequentially consistent revenues from DuraFit and catalysts and lower year-over-year retrofit sales due to... More