Fuel Tech (FTEK) Misses Q4 EPS by 1c

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Fuel Tech Reports 2021 Fourth Quarter and Full Year Financial Results

March 8, 2022 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 fourth quarter and full year ended December 31, 2021.

For full year 2021, we generated higher revenues, continued a strict cost control discipline that produced lower selling, general and administrative expenses, significantly reduced our operating loss, and reported annual net income for the first time since 2013," said Vincent J. Arnone, President and CEO. We... More