Fuel Tech (FTEK) Reports Q2 Loss of $0.10/sh

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Go back to Fuel Tech (FTEK) Reports Q2 Loss of $0.10/sh

Fuel Tech Reports 2020 Second Quarter Financial Results

August 11, 2020 4:15 PM EDT

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 second quarter ended June 30, 2020 (Q2 2020).

We believe that the COVID-19 pandemic affected our Air Pollution Control (APC) and FUEL CHEM® operations in the second quarter, said Vincent J. Arnone, President and CEO. The delays that we had been experiencing in closing new APC business awards were extended as a result of COVID-19. However,... More