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Stock impact report

Fuel Tech Reports 2019 Second Quarter Financial Results

Fuel Tech, Inc. (FTEK) 
Last fuel tech, inc. earnings: 3/11 05:08 pm Check Earnings Report
US:NASDAQ Investor Relations: ftek.com/investors
Company Research Source: Business Wire
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 (“Q2 2019”) and six months ended June 30, 2019.“Our Q2 2019 operating loss from continuing operations of $843,000 included operating losses at our soon-to-be suspended Air Pollution Control (“APC”) China operations (“Beijing Fuel Tech”) of $540,000,” said Vincent J. Arnone, Chairman, President and CEO of Fuel Tech. “Excluding the impact of these Beijing Fuel Tech losses, our consolidated operating loss from continuing operations for Q2 2019 was approximately $300,000. We have substantially completed the wind down of our Beijing Fuel Tech operations and we expect that this process will be finished by year end. Upon completion, we expect to eliminate approximately $2.0 million in a Show less Read more
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