Fuel Tech (FTEK) Reports Q1 EPS of $0.11
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Fuel Tech Reports 2017 First Quarter Financial Results
May 11, 2017 4:20 PM EDTWARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today reported financial results for the first quarter ("Q1") ended March 31, 2017.
As expected, our results for Q1 2017 were impacted by many of the same issues that affected our performance in 2016, said Vincent J. Arnone, President and CEO of Fuel Tech, Inc. Although Q1 2017 revenues declined by $9.3 million from Q1 2016, our capital projects backlog has increased by $14.5 million from December 31, 2016 and we have... More
