CECO Environmental (CECE) Misses Q4 EPS by 3c

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CECO Environmental Corp. Reports Fourth Quarter and Full Year 2015 Results

March 10, 2016 7:00 AM EST

CINCINNATI, March 10, 2016 /PRNewswire/ --  

Fourth Quarter 2015*

Revenue of $103.9 million, up 37%; Organic revenue flat on a constant currency basis Gross profit of $33.2 million, up 47%; Gross margin of 31.9%, up 220 basis points Adjusted EBITDA of $12.7 million, up 43% Net loss per diluted share of $0.09, compared with net income per diluted share of $0.07 Non-GAAP net income per diluted share of $0.18, compared with non-GAAP net income per diluted share of $0.22 Debt repayment of $20 million

Full-Year 2015*

Record revenue of $370.1 million, up 41%; Organic revenue up 3.4% on a constant currency basis... More