CECO Environmental (CECE) Tops Q1 EPS by 4c

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CECO Environmental Corp. Reports First Quarter 2016 Results

May 10, 2016 7:02 AM EDT

CINCINNATI, May 10, 2016 /PRNewswire/ --

Highlights of the First Quarter 2016*

Revenue of $103.2 million, up 27% Gross profit of $31.6 million, up 50%; Gross margin of 30.6% Operating income of $5.8 million, up 95%; Operating margin of 5.6% Non-GAAP Operating income of $10.9 million; Non-GAAP Operating margin of 10.6% Net income of $3.1 million, compared to net income of $0.2 million Non-GAAP net income of $6.1 million, compared with non-GAAP net income of $5.7 million Net income per diluted share of $0.09, compared with net income per diluted share of $0.01 Non-GAAP net income per diluted share of $0.18, compared with non-GAAP net... More