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Ceco Environmental (CECO) Stock News

CECO Nasdaq

Welcome to our dedicated page for Ceco Environmental news (Ticker: CECO), a resource for investors and traders seeking the latest updates and insights on Ceco Environmental stock.

CECO Environmental Corp. reports developments for an environmentally focused industrial company serving industrial air, industrial water and energy-transition markets. The company operates through Engineered Systems and Industrial Process Solutions, with products and configured systems such as dampers and diverters, selective catalytic reduction systems, cyclones, dust collectors, thermal oxidizers, filtration systems, scrubbers, water treatment packages and industrial silencers.

Recurring CECO news includes operating and financial results, management conference appearances, shareholder voting matters, governance updates, capital-structure disclosures and material agreements. Company updates also reference end markets including power generation, petrochemical processing, refining, midstream gas transport and treatment, electric vehicle and battery production, metals and mineral processing, polysilicon production, battery recycling, beverage can production, and produced or oily water and wastewater treatment.

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CECO Environmental (Nasdaq: CECO) reported record second-quarter 2026 results, its first quarter including the June 1 Thermon acquisition. Orders reached $798.5 million, up 191%, with backlog at $1,819.1 million, up 164%. Revenue grew 54% to $285.0 million, while adjusted EBITDA rose 73% to $40.2 million (14.1% margin).

According to CECO, non-GAAP net income increased 147% to $21.5 million (non-GAAP EPS $0.47), but GAAP results showed a $34.8 million net loss, driven by $45.5 million of acquisition and integration expense. The company raised its 2026 outlook to revenue of $1.300–$1.375 billion and adjusted EBITDA of $200–$225 million, targeting free cash flow conversion of at least 55% of adjusted EBITDA.

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CECO Environmental (Nasdaq: CECO) has rescheduled its second quarter 2026 earnings release and conference call from August 6, 2026 to August 10, 2026. The company expects to need additional time to complete its financial reporting and review processes following the acquisition of Thermon Group Holdings, which closed on June 1, 2026. This will be CECO’s first reporting period as a combined company.

According to CECO, second quarter 2026 financial results will be released premarket on August 10, with a conference call at 8:30 a.m. Eastern Time, accessible via webcast and telephone dial-in. CECO continues to expect to timely file its Form 10-Q and will post the financial results and presentation on its website.

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CECO Environmental (Nasdaq: CECO) announced it will release its second quarter 2026 financial results on August 6, 2026, before the market opens. Management will host an earnings conference call and webcast at 8:30 a.m. Eastern Time, with materials and a replay available on the company’s website.

Investors can access the live webcast at https://edge.media-server.com/mmc/p/zdq77qcb, or join by phone using U.S. toll-free (800) 715-9871, international +1 (646) 307-1963, and passcode 1634646. CECO, headquartered in Addison, Texas, serves global industrial air, water, and energy transition markets.

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CECO (Nasdaq: CECO) updated its full year 2026 outlook following the acquisition of Thermon, reflecting seven months of Thermon contribution. Integration is reported as on track, with early cost and growth synergies and a target of $40 million or more in cost synergies.

CECO expects 2026 revenue between $1.275 billion and $1.375 billion, about 20% higher year over year at the midpoint. Adjusted EBITDA is projected at $195–$225 million, about 25% higher at the midpoint, with free cash flow of at least 55% of Adjusted EBITDA.

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CECO Environmental (Nasdaq: CECO) completed its previously announced strategic combination with Thermon Group Holdings, creating a larger diversified industrial technology company focused on environmental and process heating solutions.

The combined company keeps the CECO name, remains led by CEO Todd Gleason, and adds two former Thermon directors to the Board. Former Thermon shareholders received cash and/or CECO stock under the merger agreement. CECO will host a June 9 investor call to discuss integration and synergy plans.

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CECO Environmental (Nasdaq: CECO) and Thermon Group (NYSE: THR) stockholders overwhelmingly approved their strategic combination, with about 99.93% of CECO and 99.97% of Thermon votes cast in favor.

The deal is expected to close on or around June 1, 2026, with Thermon holders able to receive cash, CECO stock, or mixed consideration, subject to proration per the merger agreement.

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CECO Environmental (Nasdaq: CECO) and Thermon Group (NYSE: THR) set May 22, 2026, 5:00 p.m. CT as the election deadline for Thermon stockholders to choose merger consideration in CECO’s pending acquisition of Thermon.

Holders may elect stock, mixed stock-and-cash, or all-cash consideration, with certain options subject to proration. If no valid election is made, holders receive mixed consideration by default. Closing is expected on June 1, 2026, subject to shareholder approvals and customary conditions.

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CECO Environmental (Nasdaq: CECO) will participate in three investor conferences in late May and June 2026. Management will present at the 23rd Annual Craig-Hallum on May 28, 2026 and at the Wells Fargo Industrials & Materials and East Coast IDEAS conferences on June 11, 2026. Presentations will be posted on the Investor Relations page at www.cecoenviro.com.

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CECO Environmental (Nasdaq: CECO) reported Q1 2026 results with orders $449.5M (up 97%) and backlog $1,035.1M (up 72%). Q1 revenue was $205.9M, GAAP net loss $(0.4)M and non-GAAP net income $13.9M. Company raised 2026 guidance to $940M–$1.0B revenue and $120M–$140M adjusted EBITDA. CECO expects Thermon merger close in June 2026.

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CECO Environmental (Nasdaq: CECO) will report Q1 2026 financial results on April 28, 2026 premarket and host an earnings call at 8:30 a.m. ET.

Financial results and the presentation will be posted at the company website and a live webcast will stream at the provided media-server link; a replay will be available after the webcast.

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FAQ

What is the current stock price of Ceco Environmental (CECO)?

The current stock price of Ceco Environmental (CECO) is $75.22 as of August 20, 2026.

What is the market cap of Ceco Environmental (CECO)?

The market cap of Ceco Environmental (CECO) is approximately 4.4B.