Fuel Tech (FTEK) Reports In-Line Q2 EPS
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Fuel Tech Reports 2016 Second Quarter Financial Results
August 9, 2016 5:25 PM EDTQ2 2016 Overview
Revenues of $15.2 million compared to $18.7 million in Q2 2015 Gross profit of $5.6 million, or 36.8% of revenue, compared to $7.1 million, or 38.2% of revenue, in Q2 2015 Net loss was $2.6 million, or $0.11 per diluted share, compared to net loss of $1.4 million, or $0.06 per diluted share, in Q2 2015 At June 30, 2016 total cash and equivalents of $19.4 million, or $0.84 per diluted share No long-term debtWARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ:... More
