Fuel Tech Reports 2024 First Quarter Financial Results
Fuel Tech, Inc. (FTEK)
Last fuel tech, inc. earnings: 3/11 05:08 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
WARRENVILLE, Ill.--(BUSINESS WIRE)--Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter (Q1 2024) ended March 31, 2024.“Our revenues for the first quarter were impacted by customer-driven delays in executing new contracts at our APC business segment, while performance at FUEL CHEM® reflected warmer weather across the US that affected unit dispatch,” said Vincent J. Arnone, President and CEO. “We continue to expect that APC revenue will increase modestly in 2024 when compared to 2023 and that the bulk of our new award activity will occur in the second half of the year. Our results at FUEL CHEM are also expected to improve as we move through 2024, driven by increased unit dispatch as we approach the summer months and contributions from a new coal-fired unit that will demonstra
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FTEK
News
- Fuel Tech, Inc. (NASDAQ: FTEK) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Fuel Tech, Inc. (NASDAQ:FTEK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Fuel Tech, Inc. (NASDAQ: FTEK) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $4.00 price target on the stock.MarketBeat
- Fuel Tech, Inc. (FTEK) Q1 Earnings Beat Estimates [Yahoo! Finance]Yahoo! Finance
- Fuel Tech, Inc. (NASDAQ: FTEK) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
FTEK
Earnings
- 5/7/24 - Beat
FTEK
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 4/15/24 - Form DEF
- FTEK's page on the SEC website