Welcome to our dedicated page for Fuel Tech news (Ticker: FTEK), a resource for investors and traders seeking the latest updates and insights on Fuel Tech stock.
Fuel Tech Inc. (FTEK) delivers innovative solutions for industrial emission control and combustion efficiency. This news hub provides investors and industry professionals with authoritative updates on the company’s latest developments.
Access official press releases covering air pollution control systems, boiler optimization technologies, and strategic business moves. Track announcements about regulatory compliance achievements, technology patents, and operational milestones that demonstrate Fuel Tech’s leadership in environmental engineering solutions.
Our curated collection ensures you stay informed about FTEK’s progress in computational fluid dynamics applications and chemical process innovations. Bookmark this page for real-time updates on earnings reports, partnership announcements, and product launches directly impacting the energy technology sector.
Fuel Tech (NASDAQ: FTEK) has announced it will release its Q2 2024 financial results on August 6, 2024, after market close. The company will host a conference call on August 7, 2024, at 10:00 am ET to discuss the results and business activities. Investors can participate by dialing (877) 423-9820 (Domestic) or (201) 493-6749 (International).
Fuel Tech specializes in air pollution control, process optimization, and water treatment technologies. Their solutions have been installed on over 1,300 units worldwide, focusing on nitrogen oxide reduction and particulate control. The company's FUEL CHEM® technology improves combustion unit efficiency and environmental status, while their DGI® Dissolved Gas Infusion Systems target water and wastewater applications.
Fuel Tech, Inc. (NASDAQ: FTEK) reported Q1 2024 financial results, highlighting revenue declines, expected revenue growth, and positive prospects. Consolidated revenues decreased to $5.0 million, with a rise in gross margin to 40.9%. SG&A expenses increased slightly, while net income improved to $281,000. APC segment backlog was $6.2 million, and FUEL CHEM segment revenue declined. Adjusted EBITDA loss was $(1.5) million. Cash and investments stood at $32.1 million. Stockholders' equity was $44.0 million with no debt.
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