Fuel Tech (FTEK) Reports Q3 Loss of $0.07/Share
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Fuel Tech Reports 2016 Third Quarter Financial Results
November 8, 2016 4:30 PM ESTQ3 2016 Overview
Revenues of $12.6 million compared to $21.7 million in Q3 2015 Gross profit of $5.3 million, or 42.2% of revenue, compared to $7.8 million, or 36.2% of revenue, in Q3 2015 Net loss was $3.0 million, or $0.13 per diluted share, and included charges of $1.5 million, or $0.06 per diluted share. Net loss in Q3 2015 was $0.3 million, or $0.01 per diluted share At September 30, 2016 total cash and equivalents of $19.4 million, or $0.83 per diluted share No long-term debtWARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech,... More
