Market Overview

CECO Environmental: Q1 Earnings Insights

Share:

Shares of CECO Environmental (NASDAQ:CECE) were flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 25.00% year over year to $0.15, which beat the estimate of $0.10.

Revenue of $80,486,000 less by 6.42% from the same period last year, which missed the estimate of $82,520,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 06, 2020

Webcast URL: https://www.webcaster4.com/Webcast/Page/1826/33823

Price Action

Company's 52-week high was at $9.84

52-week low: $3.53

Price action over last quarter: down 26.64%

Company Overview

CECO Environmental Corp serves the energy, industrial and other niche markets. The company operates through Energy Solutions segment which serves the energy market, by offering efficient solutions and technologies to keep the world clean and safe. Industrial Solutions segment Serves the industrial pollution control market by offerings solutions of air pollution control technologies that enable its customers to reduce their carbon footprint, lower energy consumption, minimize waste and meet compliance targets for toxic emissions, fumes, and industrial odors. Fluid Handling Solutions segment offers pump and filtration solutions that maintain safe and clean operations.

 

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Posted-In: Earnings News