Fuel Tech (FTEK) Misses Q1 EPS by 1c

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Go back to Fuel Tech (FTEK) Misses Q1 EPS by 1c

Fuel Tech Reports 2016 First Quarter Financial Results

May 10, 2016 5:17 PM EDT

Q1 2016 Overview

Revenues of $17.8 million compared to $15.1 million in Q1 2015 Gross profit of $6.0 million, or 33.9% of revenue, compared to $6.7 million, or 44.1% of revenue, in Q1 2015 Net loss was $2.6 million, or $0.11 per diluted share, compared to net loss of $1.7 million, or $0.07 per diluted share, in Q1 2015 At March 31, 2016 total cash and equivalents of $16.4 million, or $0.71 per diluted share No long-term debt

WARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ:... More