Fuel Tech Reports 2019 Third Quarter Financial Results

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Fuel Tech (FTEK) Misses Q3 EPS by 2c, Revenues Miss

November 13, 2019 4:22 PM EST

Fuel Tech (NASDAQ: FTEK) reported Q3 EPS of ($0.05), $0.02 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $6.4 million versus the consensus estimate of $10.22 million.

Our results for Q3 2019 reflect the ongoing delays in closing new Air Pollution Control (APC) business awards, said Vincent J. Arnone, Chairman, President and CEO of Fuel Tech.... More