CECO Environmental (CECE) Tops Q3 EPS by 5c
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CECO Environmental Corp. Reports Third Quarter 2015 Results
November 5, 2015 7:30 AM ESTCINCINNATI, Nov. 5, 2015 /PRNewswire/ --
Revenue of $98.2 million for the third quarter of 2015 was up 55.2% from the prior-year period; Organic revenue was up 4.5% on a constant currency basis from the prior-year period Gross profit of $30.8 million, or 31.4% gross margin, for the third quarter of 2015 was up 46.2%, from $21.1 million, or 33.3% gross margin, in the prior-year period. Gross margin of 31.4% for the third quarter was also up from the second quarter gross margin of 30.6% Operating loss of $2.2 million for the third quarter of 2015, compared with operating income of $5.2 million in the prior-year period... More