Fuel Tech (FTEK) Reports Q3 EPS of $0.04

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Go back to Fuel Tech (FTEK) Reports Q3 EPS of $0.04

Fuel Tech Reports 2018 Third Quarter Financial Results

November 12, 2018 4:10 PM EST

Reiterates 2018 Outlook of Increased Revenue and the Generation of Operating Profit and Positive Cash Flow

Q3 2018 Overview

Revenues rose 18.6% to $16.1 million from $13.5 million in Q3 2017 SG&A declined 17.4% to $4.1 million from $5.0 million in Q3 2017 Net income from continuing operations of $1.1 million, or $0.04 per diluted share, compared to a net loss from continuing operations of $(0.2) million, or $(0.01) per diluted share Adjusted EBITDA of $1.3 million At September 30, 2018: capital projects backlog of $21.3 million total cash and equivalents, including... More