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Fuel Tech, Inc. engages in the development, commercialization, and application of proprietary technologies for air pollution control, process optimization, combustion efficiency, and advanced engineering services. It operates through the following segments: Air Pollution Control and Fuel Chem. Read More The Air Pollution Control segment includes technologies to reduce nitrogen oxides emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem segment uses chemical processes in combination with computational fluid dynamics, and chemical kinetics modeling boiler modeling, for the control of slagging, fouling, corrosion, opacity, and other sulfur trioxide-related issues in furnaces, and boilers. The company was founded by Burr T. Walter in 1987 and is headquartered in Warrenville, IL.
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Yahoo FinanceMar 22
Top Ranked Momentum Stocks to Buy for March 22nd
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 22nd: Fuel Tech, Inc. (FTEK): This provider of boiler optimization, efficiency improvement, and air pollution reduction and control solutions has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days. Fuel Tech, Inc. Price and Consensus Fuel Tech, Inc. Price and Consensus More Fuel Tech, Inc. price-co...
Seeking AlphaMar 15
Fuel Tech, Inc. (FTEK) CEO Vincent Arnone on Q4 2018 Results - Earnings Call Transcript
Fuel Tech, Inc. (NASDAQ:FTEK) Q4 2018 Earnings Conference Call March 15, 2019 10:00 AM ET Company Participants Devin Sullivan - The Equity Group Vincent Arnone - Chairman, CEO & President James Pach - Principal Financial Officer, VP, Controller & Treasurer Conference Call Participants Sameer Joshi - H.C. Wainwright & Co. Peter Enderlin - MAZ Partners William Bremer - Vanquish Capital Management Operator Greetings, and welcome to the Fuel Tech Inc. 2018 Fourth Quarter Financial Results Conference C...
Seeking AlphaMar 15
Fuel Tech +7% post Q4 revenue beat
Fuel Tech (FTEK +7.4% ) reported Q4 revenue growth of 18.2% Y/Y to $15.8M, with Air Pollution Control segment revenues of $10.54M (+11.5% Y/Y) and FUEL CHEM segment revenues of $5.28M (+34.6% Y/Y). Q4 Gross margin declined by 470 bps to 37.3%. Adj. EBITDA increased by 116.3% Y/Y to $1.21M and Adj. EBITDA margin improved by 346 bps to 7.6%. SG&A expenses were $4.78M (-2.3% Y/Y), or 30.2% of revenues, down by 630 bps. Capital projects backlog was at $12.4M ($11M domestic), as of December 31, 2018. Net ca...
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