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) will release its financial results for the third quarter ending
Fuel Tech, Inc. (NASDAQ: FTEK) announced that President & CEO Vince Arnone will present at the 23rd Annual H.C. Wainwright Global Investment Conference, scheduled virtually from September 13-15, 2021. The presentation will begin at 7:00 a.m. Eastern Time on September 13, with materials available at www.ftek.com. Investors can register for the event through www.hcwevents.com/annualconference. Fuel Tech provides advanced technologies for emissions control, water treatment, and process optimization, boasting over 1,200 installed units worldwide.
Fuel Tech, Inc. (FTEK) reported Q2 2021 revenues of $5.2 million, up 18.6% from Q2 2020, driven by a 72% increase in its FUEL CHEM® segment. The APC segment faced challenges due to COVID-19-related delays. Gross margin improved to 49.5% from 13.7%, excluding a warranty charge. Net loss narrowed to $(0.8) million or $(0.03) per share. The company ended the quarter with $36.6 million in cash, no debt, and a backlog of $4.9 million in the APC segment. A conference call is scheduled for August 11, 2021, to discuss results.
Fuel Tech, Inc. (NASDAQ: FTEK) plans to release its financial results for Q2 2021 on August 10, 2021, after market close. A conference call will be held on August 11 at 10:00 am ET to discuss the outcomes and ongoing business activities. Participants can join via phone or through the company's website. Fuel Tech specializes in advanced technologies for emissions control and water treatment, recognized for its FUEL CHEM® technology that enhances combustion efficiency and environmental performance in numerous units globally.
Fuel Tech, Inc. (NASDAQ: FTEK) has secured multiple contracts for air pollution control (APC) totaling approximately $4.5 million from clients in Korea, North America, and Europe. These include orders for Selective Catalytic Reduction (SCR) technology and catalyst replacements. The company also completed two US demonstrations of its DGI™ wastewater treatment technology. CEO Vincent J. Arnone expressed optimism about increasing market activity due to improved economic conditions post-COVID-19.
Fuel Tech, Inc. (NASDAQ: FTEK) announced its inclusion in the Russell Microcap® Index, effective June 25, 2021. This milestone is perceived as a recognition of the company's progress and the opportunities it seeks. Vincent J. Arnone, President and CEO, highlighted the positive implications of increased visibility among institutional investors, crediting the company's debt-free balance sheet. Fuel Tech specializes in advanced engineering solutions, focusing on air pollution control and water treatment technologies, which have been deployed globally across over 1,200 utility and industrial units.
Fuel Tech, Inc. (NASDAQ: FTEK) announced plans for its Annual Meeting of Stockholders on May 20, 2021, including a conference call for participation. The meeting will be brief, focusing solely on voting items without a management presentation. Shareholders can access details in the proxy statement filed with the SEC on March 26, 2021. Fuel Tech specializes in advanced engineering for combustion systems, emissions control, and water treatment, leading in nitrogen oxide reductions and particulate control globally, with over 1,200 installations.
Fuel Tech, Inc. (NASDAQ: FTEK) reported a 33.2% increase in Q1 2021 revenues, reaching $5.0 million compared to $3.8 million in Q1 2020, primarily driven by a nearly 60% growth in FUEL CHEM segment sales due to higher power demand and recovery from COVID-19.
However, the Air Pollution Control (APC) segment faced sluggish performance with revenues declining to $0.9 million from $1.2 million. Notably, the company ended the quarter with $36.1 million in cash and no debt, emphasizing a strong financial position.
Fuel Tech, Inc. (NASDAQ: FTEK) will release its financial results for Q1 2021 on May 12, 2021, after market close. A conference call is scheduled for May 13, 2021, at 10:00 am ET to discuss these results and business activities. Interested participants can join the call by dialing (877) 423-9820 for domestic or (201) 493-6749 for international. The call will also be available online at www.ftek.com. Fuel Tech specializes in technologies for air pollution control and water treatment, with a strong emphasis on optimizing combustion systems.
Fuel Tech, Inc. (NASDAQ: FTEK) reported Q4 2020 revenues of $6.2 million, up 26.5% from Q4 2019. The company narrowed its net loss to $(1.5) million or $(0.07) per share, compared to $(4.3) million in Q4 2019. Cash reserves stand at approximately $37 million following a financing round in February 2021. The company aims to capitalize on global demand for emissions control and water treatment solutions, particularly focusing on their FUEL CHEM® and DGI™ technologies. SG&A expenses reduced by 15.3% to $3.8 million. The total backlog in the Air Pollution Control segment was $5.3 million as of December 31, 2020.
