Ceco Environmental Corp Stock Price, News & Analysis

CECO Environmental (Nasdaq: CECO) reported exceptional Q2 2025 results, marking multiple financial records. The company achieved record orders of $274.1 million (up 95%) and an all-time high backlog of $688.1 million (up 76%). Revenue reached $185.4 million (up 35%), with a strong gross profit margin of 36.2%.

Key financial metrics include net income of $9.5 million, adjusted EBITDA of $23.3 million (up 45%), and diluted EPS of $0.26. The company secured its largest-ever order for emissions management solutions in power generation and raised its full-year 2025 revenue guidance to $725-775 million, representing approximately 35% growth.

CECO Environmental (Nasdaq: CECO), a diversified industrial company focused on environmental solutions, has scheduled its second quarter 2025 financial results release for July 29, 2025, before market open.

The company will host an earnings conference call at 8:30 a.m. Eastern Time on the same day. Investors can access the webcast through the company's website or register for the dial-in option. A replay will be available on CECO's website after the live event concludes.

CECO Environmental (Nasdaq: CECO), a leading environmentally focused industrial company, has announced its participation in several upcoming investor conferences in May and June 2025. The company will attend:

• The ONE Houlihan Lokey Global Industrials Conference (May 13)
• Craig-Hallum Institutional Investor Conference in Minneapolis (May 28)
• Wells Fargo Industrials Conference in Chicago (June 10, to be confirmed)
• East Coast IDEAS Conference in New York (June 12)
• Northland Growth Virtual Conference (June 25)
• ROTH London Conference (June 24-26)

Presentation materials will be accessible through the Investor Relations section of CECO's website.

CECO Environmental reported strong Q1 2025 results with multiple financial records. Orders reached $227.9 million, up 57%, while backlog hit a historic $602.0 million, increasing 55%. Revenue grew 40% to $176.7 million.

Key financial metrics include:

• Gross profit margin of 35.2%
• Net income of $36.0 million
• GAAP EPS of $0.98
• Adjusted EBITDA of $14.0 million, up 6%

The company maintains its 2025 outlook, projecting revenue of $700-750 million and Adjusted EBITDA of $90-100 million. CEO Todd Gleason highlighted the company's alignment with key growth themes including industrial manufacturing reshoring, electrification, and industrial water investments. Despite tariff impacts, CECO implemented strategic price actions and maintains confidence in growth targets, supported by a $5 billion order pipeline.

CECO Environmental (Nasdaq: CECO) has announced it will release its first quarter 2025 financial results on April 29, 2025, before market opening. The company will host an earnings conference call at 8:30 a.m. Eastern Time (7:30 a.m. CT) on the same day.

The financial results and presentation will be available on the company's website at www.cecoenviro.com. Interested parties can access the live webcast through the provided link, and a replay will be made available on the company's website after the call concludes.

May River Capital has acquired the Global Pump Solutions business from CECO Environmental Corp. (Nasdaq: CECO), including the Dean, Fybroc, and Sethco pump brands. The acquired businesses will operate under a new entity called Tusk Industrial.

Tusk Industrial specializes in manufacturing metallic, fiberglass, and thermoplastic pumps for high-temperature, corrosive, and caustic industrial environments. The company operates from two locations in Telford, Pennsylvania and Indianapolis, Indiana, employing over 100 people and serving more than 1,500 customers globally.

President & GM Ming Cheung will continue to lead the organization under the new ownership. May River plans to invest in new products, expand into new markets, and pursue strategic acquisitions to strengthen Tusk Industrial's market position.

CECO Environmental (Nasdaq: CECO) has completed the divestiture of its Fluid Handling business (Global Pump Solutions) to May River Capital for an enterprise value of $110 million in cash, effective March 31, 2025. The divested GPS business includes three industrial pump brands - Dean, Fybroc, and Sethco - operating from Indianapolis, Indiana and Telford, Pennsylvania, serving over 1,500 global customers.

The company plans to utilize the proceeds to reduce debt and fund strategic growth investments. This divestiture follows CECO's recent acquisitions of Verantis Environmental and Profire Energy, aligning with their focus on environmental solutions in energy and industrial markets.

CECO Environmental (Nasdaq: CECO) has announced its participation in the upcoming 37th Annual ROTH Conference scheduled for March 17, 2025. The company's management team will be conducting one-on-one meetings throughout the conference day.

The presentation materials will be accessible to investors through the Events and Presentations section of CECO's Investor Relations website at https://investors.cecoenviro.com/news-events/events. CECO Environmental operates as a leading environmentally focused, diversified industrial company, providing solutions for protecting people, the environment, and industrial equipment.

CECO Environmental reported record Q4 2024 bookings of $218.9 million (up 71%) and elevated year-end backlog to a record $540.9 million (up 46%). Q4 revenue increased 3% to $158.6 million with gross profit up 7% to $56.7 million and improved gross margin of 35.8%. Q4 net income rose 26% to $4.9 million, though free cash flow was negative at ($4.4) million.

For full-year 2024, CECO reported orders of $667.3 million (up 14%), revenue of $557.9 million (up 2%), and gross profit of $196.1 million (up 15%). The company completed three strategic acquisitions in 2024, plus Profire Energy in early January 2025, expanding its industrial air market leadership.

CECO reaffirmed its 2025 outlook with expected revenue of $700-750 million (approximately 30% growth) and Adjusted EBITDA of $90-100 million (approximately 50% growth). The company expects to finalize the sale of its Fluid Handling Business in late Q1 2025.