Fuel Tech (FTEK) Tops Q2 EPS by 3c

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Go back to Fuel Tech (FTEK) Tops Q2 EPS by 3c

Fuel Tech Reports 2021 Second Quarter Financial Results

August 10, 2021 4:20 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, 2021 (Q2 2021).

Our Q2 2021 revenues rose 18.6% from the second quarter of 2020 (Q2 2020), driven by a 72% revenue improvement for the FUEL CHEM® segment attributable to contributions from recent installations of our TIFI® Targeted In-Furnace Injection technology on new domestic accounts, increased demand for power, and the ongoing recovery from the COVID-19 pandemic,... More