Welcome to our dedicated page for Fuel Tech news (Ticker: FTEK), a resource for investors and traders seeking the latest updates and insights on Fuel Tech stock.
Fuel Tech Inc. (FTEK) delivers innovative solutions for industrial emission control and combustion efficiency. This news hub provides investors and industry professionals with authoritative updates on the company’s latest developments.
Access official press releases covering air pollution control systems, boiler optimization technologies, and strategic business moves. Track announcements about regulatory compliance achievements, technology patents, and operational milestones that demonstrate Fuel Tech’s leadership in environmental engineering solutions.
Our curated collection ensures you stay informed about FTEK’s progress in computational fluid dynamics applications and chemical process innovations. Bookmark this page for real-time updates on earnings reports, partnership announcements, and product launches directly impacting the energy technology sector.
Fuel Tech, Inc. (NASDAQ: FTEK), a leader in advanced engineering solutions for combustion systems and emissions control, announced that President & CEO Vince Arnone will present at the 24th Annual H.C. Wainwright Global Investment Conference virtually from September 12-14, 2022. The presentation will be available starting at 7:00 a.m. Eastern Time on September 12. Interested parties can access the presentation at www.ftek.com. Fuel Tech specializes in nitrogen oxide reduction technologies and water treatment solutions, with products installed in over 1,200 units globally.
Fuel Tech, Inc. (NASDAQ: FTEK) reported a 22% revenue increase in Q2 2022, reaching $6.4 million, primarily driven by its Air Pollution Control (APC) segment. Operating loss narrowed to $(0.5) million, and net loss improved to $(0.4) million, or $(0.01) per share. The company maintained a strong cash position of $33.3 million with no debt. The DGI technology's efficiency was validated by independent experts, enhancing its business development strategy. However, the FUEL CHEM segment experienced a revenue decline due to customer loss and outages.
Fuel Tech, Inc. (NASDAQ: FTEK) will release its financial results for the second quarter ending June 30, 2022 on August 10, 2022, after market close. A conference call to discuss these results is scheduled for August 11, 2022, at 10:00 am ET. Participants can join by calling (877) 423-9820 domestically or (201) 493-6749 internationally. Fuel Tech specializes in advanced engineering solutions for combustion optimization, emissions control, and water treatment, with over 1,200 installations globally.
Fuel Tech, Inc. (NASDAQ: FTEK) has announced the receipt of multiple air pollution control contracts worth approximately
Fuel Tech, Inc. (NASDAQ: FTEK) reported a 10% revenue increase in Q1 2022, reaching $5.5 million, marking its second consecutive quarter of growth. Despite an operating loss narrowed to $(1.0) million, the company ended the quarter with $35.2 million in cash and no debt. Consolidated backlog improved to $9.6 million, including $5.3 million in Air Pollution Control awards. The gross margin experienced a decline to 41.4%, and net loss was $(1.0) million, or $(0.03) per share, affected by a lack of prior year's $1.6 million other income from loan forgiveness.
Fuel Tech, Inc. (NASDAQ: FTEK) will release its financial results for Q1 2022 after market close on May 10, 2022. A conference call to discuss these results is scheduled for May 11, 2022, at 10:00 am ET. Fuel Tech specializes in advanced engineering solutions for emissions control and water treatment. The company has over 1,200 installations globally, utilizing proprietary technologies that enhance efficiency and sustain environmental standards. Investors can access the call through their website or by phone, and a replay will be available online.
Fuel Tech, Inc. (NASDAQ: FTEK) reported its Q4 and full-year 2021 financial results, highlighting a net income of $0.1 million, the first annual profit since 2013. Consolidated revenues for 2021 increased to $24.3 million from $22.6 million, driven by a 24.1% rise in FUEL CHEM revenues, despite a 19.4% drop in Air Pollution Control revenues. The company ended 2021 with $37.1 million in cash and no debt. Notably, gross margins improved, showing a better product mix. The firm also secured $5.3 million in new APC orders, signaling an uptick in business development.
Fuel Tech, Inc. (NASDAQ: FTEK) will release its fourth quarter and full year financial results for the period ending December 31, 2021 on March 8, 2022, post-market close. A conference call to discuss these results will take place on March 9, 2022 at 10:00 AM ET. Fuel Tech specializes in advanced engineering solutions for combustion systems, emissions control, and water treatment, with notable technologies like FUEL CHEM® for NOx reduction. For more details, visit www.ftek.com.
Fuel Tech, Inc. (NASDAQ: FTEK) announced the receipt of multiple air pollution control contracts valued at approximately $5.3 million. The contracts, awarded in India, South Africa, the US, and China, include advanced technologies such as Flue Gas Conditioning systems and Selective Catalytic Reduction systems. These projects aim to enhance efficiency and reduce emissions in various industrial applications. Deliveries are set for completion between the second and third quarters of 2022.
Fuel Tech, Inc. (NASDAQ: FTEK) reported mixed financial results for Q3 2021, with total revenues declining to $7.6 million from $8.2 million in Q3 2020. The FUEL CHEM segment saw revenue growth, reaching $5.6 million, while the APC segment revenues fell to $1.9 million. Net income decreased to $0.7 million ($0.02 per share) compared to $2.4 million ($0.10 per share) in Q3 2020. Despite facing challenges, the company secured $4.5 million in new contracts and has a promising sales pipeline of $50-75 million. Cash reserves stood at $36.3 million with no debt.
