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

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Fuel Tech Reports 2019 Third Quarter Financial Results

November 13, 2019 4:20 PM EST

WARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today reported financial results for the third quarter (Q3 2019) and nine months ended September 30, 2019.

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. The strong financial condition and the operating leverage that we have created via our domestic and international restructuring... More