Fuel Tech (FTEK) Reports Q4 EPS of $0.02

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Go back to Fuel Tech (FTEK) Reports Q4 EPS of $0.02

Fuel Tech Reports 2017 Fourth Quarter and Full Year Financial Results

March 12, 2018 4:15 PM EDT

Company Returned to Operating Profitability in Q4 2017, Driven by Higher Revenues and Positive Effect of Previously Announced Cost Containment Initiatives

Q4 2017 Overview

Revenues rose 39.9% to $13.4 million from $9.6 million Operating results from continuing operations improved to income of $448,000 from a loss of $6.4 million Net income from continuing operations of $470,000, or $0.02 per diluted share, compared to net loss from continuing operations of $8.5 million, or $(0.36) per diluted share Adjusted EBITDA of $559,000 as compared to a loss of $3.8 million At December 31, 2017: capital projects backlog rose to $22.1 million... More