Fuel Tech, Inc. (FTEK) Misses Q2 EPS by 3c; Sees FY11 Profits Above FY10
Tweet
Share
E-mailGet Alerts FTEK Hot Sheet
Price: $1.93 --0%
EPS Growth %: 0.0%
Financial Fact:
Research and development: 1.3M
Today's EPS Names:
DTGI, CRMT, MAYS, More
EPS Growth %: 0.0%
Financial Fact:
Research and development: 1.3M
Today's EPS Names:
DTGI, CRMT, MAYS, More
Join SI Premium – FREE
Fuel Tech, Inc. (NASDAQ: FTEK) reported Q2 EPS of $0.02, $0.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $19 million versus the consensus estimate of $22.28 million.
Commenting on the outlook, CEO Doug Bailey said, "With respect to the balance of 2011, we believe that revenues and profits should exceed 2010 results as APC orders, in particular, increase as a result of more stringent regulations now being implemented in the U.S. and China, along with steady growth in our FUEL CHEM business."
Commenting on the outlook, CEO Doug Bailey said, "With respect to the balance of 2011, we believe that revenues and profits should exceed 2010 results as APC orders, in particular, increase as a result of more stringent regulations now being implemented in the U.S. and China, along with steady growth in our FUEL CHEM business."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- McCormick & Co. (MKC) Tops Q2 EPS by 10c ; Offers Guidance
- Cerebras Systems (CBRS) Misses Q1 EPS, Revenues Beat
- Jefferies Financial Group (JEF) Misses Q2 EPS by 22c
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
