CECO Environmental (CECE) Misses Q3 EPS by 12c

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CECO Environmental Corp. Reports Third Quarter and Nine Months 2017 Results; Deepening Market Downturn Negatively Impacted Results- Management Implementing Tangible Actions

November 8, 2017 7:00 AM EST

DALLAS, Nov. 8, 2017 /PRNewswire/ -- CECO Environmental Corp. (Nasdaq: CECE), a leading global air quality and fluid handling company serving the energy, industrial and other niche markets, today reported its financial results for the third quarter and first nine months of 2017. 

Highlights of the Third Quarter 2017*

Revenue of $85.0 million, compared with $101.6 million Gross profit of $27.1 million (31.9% margin), compared with $33.7 million (33.2% margin)... More