Fuel Tech Inc reports results for the quarter ended in March - Earnings Summary

Fuel Tech

13/05/2021 01:41

* Fuel Tech Inc  FTEK.OQ  reported quarterly adjusted earnings
of 1 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 6 cents per
share.
* Revenue rose 33.2% to $5.03 million from a year ago;  analysts
expected $5.53 million. 
* Fuel Tech Inc's reported EPS for the quarter was 1 cents​.
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Fuel Tech Inc shares had fallen by 38.5% this quarter and
lost 50.3% so far this year.
* The company reported quarterly net income of $398 thousand.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 13 at 12:41 a.m. GMT.
​All figures in US dollars