Fuel Tech (FTEK) Misses Q4 EPS by 5c

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Go back to Fuel Tech (FTEK) Misses Q4 EPS by 5c

Fuel Tech Reports 2015 Fourth Quarter and Full-Year Financial Results

March 23, 2016 5:20 PM EDT

WARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today reported financial results for the fourth quarter ("Q4") and full year (FY) ended December 31, 2015.

Effective Q4 2015, Fuel Tech established a new reporting segment associated with its ongoing Fuel Conversion initiative. This new segment will provide additional financial transparency as the Company continues to develop this potential new business.

The results for Q4 and FY 2015 included a $6.1 million non-cash income tax... More