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Stock impact report

Fuel Tech Reports 2019 Third 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 third quarter (“Q3 2019”) and nine months ended September 30, 2019.“Our results for Q3 2019 reflect the ongoing delays in closing new Air Pollution Control (“APC”) business awards,” said Vincent J. Arnone, Chairman, President and CEO of Fuel Tech. “The strong financial condition and the operating leverage that we have created via our domestic and international restructuring efforts over these past several years has served to mitigate the impact caused by these delays. We are beginning to see modest progress with respect to business development, as evidenced by our recent contract announcement. Near-term challenges notwithstanding, we remain confident in the long-term APC opportunity and contin Show less Read more
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