CECO Environmental (CECE) Tops Q1 EPS by 2c
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CECO Environmental Corp. Reports First Quarter 2017 Results; Improved Gross Margin and Sequential Bookings Increase
May 10, 2017 7:00 AM EDTCINCINNATI, May 10, 2017 /PRNewswire/ -- Highlights of the First Quarter 2017*
Revenue of $92.7 million, compared with $103.2 million Gross profit of $31.9 million (34.5% margin), compared with $31.6 million (30.6% margin) Operating income of $1.4 million compared with $5.8 million Non-GAAP operating income of $10.0 million compared with $10.9 million Net income was break even, compared with $3.1 million Non-GAAP net income of $6.8 million, compared with $6.1 million Net income per diluted share was break even, compared with $0.09 Non-GAAP net income per diluted share of $0.20, compared with $0.18 Adjusted EBITDA of $11.5 million, compared with $12.7 million Bookings of $84.0 million ... More