Fuel Tech Misses Revenue Estimates

Fuel Tech

shares are down after-hours on Tuesday following its Q2 earnings report. The technology company reported Q2 EPS loss of $(0.11) versus estimates for a loss $(0.11) sales were $15.20 million versus estimates of $16.50 million. The technology company's Air Pollution Control (APC) business segment revenues for Q2 2016 were $17.944 versus prior of $11.087 million. Consolidated revenues for Q2 2016 were $15.2 million as compared to $18.7 million in Q2 2015, reflecting slower business activity within Fuel Tech's Air Pollution Control ("APC") technology segment, and at FUEL CHEM. Shares of Fuel Tech closed Tuesday's regular session down $0.01 or 0.62 percent to $1.61.