CECO Environmental Reports First Quarter 2021 Results

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Go back to CECO Environmental Reports First Quarter 2021 Results

CECO Environmental (CECE) Reports In-Line Q1 EPS, Revenues Miss

May 6, 2021 7:54 AM EDT

CECO Environmental (NASDAQ: CECE) reported Q1 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $71.9 million versus the consensus estimate of $73.56 million.

Highlights of the First Quarter 2021*

Revenue of $71.9 million, compared with $80.5 millionGross profit of $24.4 million (33.9% margin), compared with 28.3 million (35.2% margin)Operating income of $3.1 million, compared with $4.2 millionNon-GAAP operating income of $5.0 million, compared with $6.3... More