Fuel Tech Reports 2016 Second Quarter Financial Results
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Fuel Tech (FTEK) Inks Two New Marketing, Supply Agreements
August 10, 2016 8:59 AM EDTFuel Tech, Inc. (Nasdaq: FTEK) announced it has entered into separate marketing and supply agreements with Redox Solutions and PowerPlus Cleaning Systems. These agreements allow the Company to serve as an exclusive reseller of emissions control solutions that address high-demand areas of mercury control along with boiler cleaning and efficiency.
Vincent J. Arnone, President and Chief Executive Officer, commented, These agreements are consistent with our New Product Development initiatives, part of our overall strategy to evolve Fuel Techs business model and operating strategy. These external teaming arrangements expand our portfolio of emissions... More
Fuel Tech (FTEK) Reports In-Line Q2 EPS
August 9, 2016 5:26 PM EDTFuel Tech (NASDAQ: FTEK) reported Q2 EPS of ($0.11), in-line with the analyst estimate of ($0.11). Revenue for the quarter came in at $15.2 million versus the consensus estimate of $16.5 million.
For earnings history and earnings-related data on Fuel Tech (FTEK) click here.
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