Fuel Tech: Q2 Earnings Insights

 

Fuel Tech FTEK reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:20 PM.

Here's what investors need to know about the announcement.

Earnings

Fuel Tech beat estimated earnings by 66.67%, reporting an EPS of $-0.01 versus an estimate of $-0.03.

Revenue was up $1.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 8.94% drop in the share price the next day.

Here's a look at Fuel Tech's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.02     -0.06
EPS Actual -0.03 -0.01 0.02 -0.03
Revenue Estimate 5.95M 7.09M 6.59M 4.73M
Revenue Actual 5.54M 6.45M 7.56M 5.22M

To track all earnings releases for Fuel Tech visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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FTEKFuel Tech Inc
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