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Fuel Tech Inc (FTEK.OQ)

FTEK.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Fuel Tech Awarded Air Pollution Control Orders Totaling $4.3 Mln
Thursday, 15 Feb 2018 08:45am EST 

Feb 15 (Reuters) - Fuel Tech Inc ::FUEL TECH AWARDED AIR POLLUTION CONTROL ORDERS TOTALING $4.3 MILLION.FUEL TECH INC - ANNOUNCES RECEIPT OF MULTIPLE AIR POLLUTION CONTROL CONTRACTS FROM CUSTOMERS IN US AND EUROPE.FUEL TECH INC - EQUIPMENT DELIVERIES SCHEDULED FOR Q3 2018.  Full Article

Fuel Tech Q3 loss per share $0.02
Monday, 13 Nov 2017 04:15pm EST 

Nov 13 (Reuters) - Fuel Tech Inc ::Fuel Tech reports 2017 third quarter financial results.Q3 loss per share $0.01 from continuing operations.Q3 loss per share $0.02.Q3 revenue rose 7.6 percent to $13.5 million.Fuel Tech Inc - ‍reiterates outlook for second half of 2017​.Fuel Tech Inc quarter end ‍capital projects backlog increased to $23.4 million, up $15.4 million from backlog of $8.0 million at December 31, 2016​.  Full Article

Fuel Tech Q2 loss per share $0.24 from continuing operations
Monday, 14 Aug 2017 04:20pm EDT 

Aug 14 (Reuters) - Fuel Tech Inc ::Fuel Tech reports 2017 second quarter financial results.Q2 loss per share $0.24 from continuing operations.Q2 revenue $9.7 million versus $15.2 million.Q2 loss per share $0.05 from continuing operations excluding items.Sees approximate 50% increase in revenues in 2H 2017 from $18.2 million reported in 1H 2017.Fuel Tech Inc - capital projects backlog rose to $21.4 million at June 30, 2017, a $13.4 million increase from December 31, 2016.Fuel Tech Inc- capital projects backlog rose to $21.4 million at June 30, 2017, a $13.4 million increase from December 31, 2016.Sees a significantly narrowed operating loss in 2H 2017 when compared to an operating loss of $7.4 million in 1H 2017.Fuel Tech Inc - 2H 2017 target slightly positive adjusted ebitda, as compared to an adjusted EBITDA loss of $4.1 million in 1H 2017.Sees target slightly positive adjusted ebitda for 2H 2017, as compared to an adjusted EBITDA loss of $4.1 million in 1H 2017.Fuel Tech - "2H 2017 will benefit from higher revenue, a continuing decline in corporate costs, and elimination of losses associated with fuel conversion".Says in H2 2017, co expects cash balances will remain stable to slightly higher from June 30, 2017.  Full Article

Fuel Tech awarded air pollution control orders totaling $5.0 mln
Tuesday, 11 Jul 2017 09:00am EDT 

July 11 (Reuters) - Fuel Tech Inc :Fuel Tech awarded air pollution control orders totaling $5.0 million.‍receipt of multiple air pollution control contracts from customers in U.S., China, and Japan​.  Full Article

Fuel Tech announces corporate initiatives to re-focus operations, strengthen operating leverage, support growth
Wednesday, 5 Jul 2017 05:15pm EDT 

July 5 (Reuters) - Fuel Tech Inc ::Fuel tech announces corporate initiatives to re-focus operations, strengthen operating leverage, and support growth.Working with a third-party consultant, fuel tech has undertaken a review of its operating model and organizational design.Fuel tech inc - ‍effective June 28, 2017 fuel tech has suspended all operations associated with its pre-revenue development stage fuel conversion business segment​.Fuel tech inc says transition associated with suspension of fuel conversion business segment is underway.Fuel tech inc - fuel tech expects to record charges associated with suspension of fuel conversion business in q2 ended june 30, 2017.Fuel tech inc - charges associated with suspension of fuel conversion business have not yet been established.Fuel tech - actions associated with review are expected to result in improved financial performance for h2 2017 compared to first six months of year.Fuel tech - ‍given negative, material financial impact that further ongoing support of fuel conversion would have on co, it was prudent to suspend its operations.Fuel tech - transition associated with suspension includes staff rationalization, exploring potential monetization of certain fuel conversion assets.  Full Article

FUEL TECH Q1 LOSS PER SHARE $0.11
Thursday, 11 May 2017 04:20pm EDT 

May 11 (Reuters) - Fuel Tech Inc ::FUEL TECH REPORTS 2017 FIRST QUARTER FINANCIAL RESULTS.Q1 LOSS PER SHARE $0.11.Q1 REVENUE $8.5 MILLION VERSUS $17.8 MILLION.FUEL TECH INC- EXPECT CERTAIN OPERATIONAL CHALLENGES TO REMAIN THROUGH Q2 2017.  Full Article

Fuel Tech Q4 loss per share $0.19 excluding items
Tuesday, 14 Mar 2017 04:20pm EDT 

Fuel Tech Inc : Fuel Tech reports 2016 fourth quarter and full-year financial results . Q4 loss per share $0.19 excluding items . Q4 revenue $9.6 million versus $18.2 million . Q4 loss per share $0.39 including items .Fuel Tech Inc - capital projects backlog for APC segment decreased to $8.0 million at December 31, 2016 from $22.2 million at December 31, 2015.  Full Article

Fuel Tech Q3 revenue $12.6 million versus $21.7 million
Tuesday, 8 Nov 2016 04:30pm EST 

Fuel Tech Inc : Fuel Tech reports 2016 third quarter financial results . Q3 loss per share $0.06 excluding items . Q3 loss per share $0.13 .Q3 revenue $12.6 million versus $21.7 million.  Full Article

Fuel Tech Inc Q2 loss per share $0.11
Tuesday, 9 Aug 2016 05:25pm EDT 

Fuel Tech Inc : Fuel Tech reports 2016 second quarter financial results . Q2 revenue $15.2 million versus $18.7 million . Q2 loss per share $0.11 . Continue to align cost structure with current market environment, and are on plan to realize annual corporate cost savings of about $5 million .Capital projects backlog in APC segment stood at $11.6 million at June 30, 2016 compared to $22.2 million at December 31, 2015.  Full Article

Fuel Tech reports Q1 loss per share $0.11
Tuesday, 10 May 2016 05:17pm EDT 

Fuel Tech Inc : Q1 loss per share $0.11 . Q1 revenue $17.8 million versus $15.1 million . Q1 earnings per share view $-0.10, revenue view $15.0 million -- Thomson Reuters I/B/E/S ."Continue to believe that APC revenues in 2016 will be higher than 2015".  Full Article

BRIEF-Fuel Tech Q3 loss per share $0.02

* Fuel Tech Inc - ‍reiterates outlook for second half of 2017​