Fuel Tech Reports 2016 First Quarter Financial Results
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Fuel Tech (FTEK) Misses Q1 EPS by 1c
May 10, 2016 5:20 PM EDTFuel Tech (NASDAQ: FTEK) reported Q1 EPS of ($0.11), $0.01 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $17.8 million versus the consensus estimate of $15 million.
Vincent J. Arnone, President and Chief Executive Officer of Fuel Tech, commented, Despite a still challenging environment, our APC business continues to show signs of strengthening. Based on $12 million of bookings year-to-date... More
