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American Electric Technologies Inc (AETI.OQ)

AETI.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

American Electric qtrly ‍loss per share $0.13​
Tuesday, 14 Nov 2017 07:00am EST 

Nov 14 (Reuters) - American Electric Technologies Inc : :American Electric Technologies Inc - ‍AETI announced revenue for quarter of $13.3 million, up 52% from $8.7 million reported in Q3 of 2016​.American Electric Technologies - ‍during quarter, company's business operations in Houston and Beaumont Texas were adversely impacted by hurricane Harvey​.American Electric Technologies Inc - ‍negative revenue impact of $2.5 million in quarter due to hurricanes​.American Electric Technologies Inc qtrly ‍loss per share $0.13​.American Electric Technologies Inc - ‍company reported quarter ending backlog of $23.5 million, up 3% from $22.7 reported at end of Q2 of 2017​.  Full Article

American Electric Technologies Inc Q2 revenue $13 mln
Tuesday, 8 Aug 2017 07:00am EDT 

Aug 8 (Reuters) - American Electric Technologies Inc ::Aeti announces 61% quarterly revenue growth.Q2 revenue $13 million.American electric technologies - reported quarter end backlog of $22.7 million, down $3.9 million from $26.6 million reported at end of q1 2017; qtrly loss per share $0.13​.  Full Article

AETI reports repricing of preferred stock conversion price and exercise price of common stock purchase warrants
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - American Electric Technologies Inc :American Electric Technologies-‍ Entered repricing agreement with holder of series a convertible preferred stock,related common stock purchase warrants​.American Electric - Deal ‍to adjust initial conversion price of convertible preferred stock,initial exercise price of related stock purchase warrants​.  Full Article

JCH Crenshaw says it initiated confidential discussions with American Electric Technologies
Monday, 12 Jun 2017 06:45am EDT 

June 12 (Reuters) - American Electric Technologies Inc :JCH Crenshaw Holdings says in May, it initiated confidential discussions with American Electric Technologies Inc's management and board - SEC filing.JCH Crenshaw says discussions were related to American Electric Technologies' strategy, capital structure, results of operations and financial position,.JCH Crenshaw - discussions also related to alternative possible transactions involving American Electric Technologies and JCH's investment in co.JCH Crenshaw - alternative transactions related to American Electric Technologies could include a sale or other change in control of the co.JCH Crenshaw - transactions related to American Electric Technologies could also include preferred or other equity investments in co, mergers, asset sales.JCH Crenshaw owned 14.1 pct in American Electric Technologies, as of March 22, 2017.  Full Article

AETI Q1 EBITDA loss $2.2 mln
Monday, 15 May 2017 07:00am EDT 

May 15 (Reuters) - American Electric Technologies Inc :Aeti announces q1 results.Q1 revenue fell 3 percent to $8.0 million.American electric technologies inc - quarter ending backlog of $26.6 million.American electric technologies inc - ebitda loss of $2.2 million for quarter, compared with an ebitda loss of $1.4 million in q4 2016.American electric - "although q1 revenues were below our break-even level, projects that comprise backlog will commence being recognized for revenue starting in q2".  Full Article

AETI reports qtrly loss per share $0.21
Tuesday, 28 Mar 2017 07:00am EDT 

American Electric Technologies Inc : AETI announces q4 and fy2016 results . Q4 revenue rose 22 percent to $9.4 million . American Electric Technologies Inc- Q4 ending backlog of $13.5 million, which is up 24pct from $10.9m at end of Q3 .American Electric Technologies Inc qtrly loss per share $0.21.  Full Article

American Electric Technologies issues $7 mln principal amount senior secured term note
Monday, 27 Mar 2017 10:54am EDT 

American Electric Technologies Inc : On March 23, co, units issued, sold to HD Special-Situations III, L.P. $7 million principal amount senior secured term note .Part of proceeds to be used to fully repay, terminate existing revolving credit facilities.  Full Article

American Electric Technologies posts Q3 operating loss per share of $0.33
Monday, 14 Nov 2016 07:00am EST 

American Electric Technologies Inc : Aeti announces Q3 2016 results . Q3 revenue $8.7 million .Q3 operating loss per share $0.33.  Full Article

American Electric Technologies posts Q2 operating EPS of $0.01
Monday, 15 Aug 2016 07:00am EDT 

American Electric Technologies Inc : Aeti announces Q2 2016 results . Q2 revenue $11.4 million . Q2 operating earnings per share $0.01 .Says company reported a decrease in Q2 backlog to $11.6 million, down from $19.6 million at end of Q1 of 2016.  Full Article

AETI announces sale of South Coast Electric manufacturing operation
Monday, 27 Jun 2016 08:00am EDT 

American Electric Technologies : AETI announces sale of south coast electric manufacturing operation . Has sold its South Coast Electric Systems manufacturing operations to a division of Beier Integrated Systems of Mandeville . American Electric Technologies Inc says proceeds from transaction were not disclosed .Beier Integrated Systems will acquire assets of South Coast Electric operation including company's manufacturing plant.  Full Article

BRIEF-American Electric qtrly ‍loss per share $0.13​

* American Electric Technologies Inc - ‍AETI announced revenue for quarter of $13.3 million, up 52% from $8.7 million reported in Q3 of 2016​