Fuel Tech Q3 revenue misses estimates

Fuel Tech

04/11/2025 21:31

Overview

Fuel Tech Q3 2025 revenue declined to $7.5 mln, missing analyst expectations

Net income for Q3 2025 was $303,000, with EPS at $0.01

Company acquired APC intellectual property from Wahlco, Inc. post-Q3

Outlook

Fuel Tech expects FUEL CHEM 2025 revenues to reach highest levels since 2022

Company pursuing opportunities in power generation sector for SCR technology

DGI technology demonstration at fish hatchery to last until Q2 2026

Result Drivers

APC BACKLOG INCREASE - APC backlog increased by more than 20% from June 30, 2025, despite revenue decline due to project timing delays

FUEL CHEM GROWTH - Improved performance in FUEL CHEM segment due to increased operations at legacy accounts and a new customer contract

IP ACQUISITION - Acquired APC intellectual property from Wahlco, Inc. to expand APC solutions portfolio

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$7.49 mln
$9.39 mln (1 Analyst)
Q3 EPS
$0.01
Q3 Net Income
$303,000
Q3 Basic EPS
$0.01
Q3 Operating Income
$4,000
Q3 Pretax Profit
$310,000


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Fuel Tech Inc is $4.00, about 34% above its November 3 closing price of $2.64

Press Release: ID:nGNX5wXRJv

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)