Fuel Tech Reports 2019 Fourth Quarter and Full Year Financial Results

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Fuel Tech (FTEK) Misses Q4 EPS by 12c, Revenues Miss

March 11, 2020 5:13 PM EDT

Fuel Tech (NASDAQ: FTEK) reported Q4 EPS of ($0.18), $0.12 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $4.9 million versus the consensus estimate of $7.05 million.

2019 was a challenging year for our Company, driven primarily by ongoing delays in closing new Air Pollution Control (APC) business awards with such delays continuing into the first quarter of... More