CECO Environmental (CECE) Tops Q4 EPS by 14c

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Go back to CECO Environmental (CECE) Tops Q4 EPS by 14c

CECO Environmental Corp. Reports Fourth Quarter and Full Year 2016 Results

March 9, 2017 8:00 AM EST

CINCINNATI, March 9, 2017 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading global energy, environmental, and industrial technology company, today reported its financial results for the fourth quarter and full year 2016. 

Fourth Quarter 2016 Highlights*

Revenue of $100.0 million, down 1.3% Gross profit of $35.7 million, up 15.9% Gross margin of 35.7%, up 530 basis points GAAP net loss of $ 51.2 million, or $1.49 per share Non-GAAP net income of $12.0 million, or $0.35 per share Adjusted EBITDA of $16.3 million

Full-Year 2016... More