Fuel Tech (FTEK) Tops Q3 EPS by 2c

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Fuel Tech Reports 2021 Third Quarter Financial Results

November 9, 2021 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 ended September 30, 2021 (Q3 2021).

We reported profitable operations in the third quarter, progressed in the ongoing development of our Dissolved Gas Infusion (DGITM) business, and ended the quarter with $36.3 million in total cash and no debt, said Vincent J. Arnone, President and CEO.

Our FUEL CHEM® segment continued to perform well, with higher... More