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Fuel Tech Inc (FTEK.OQ)

FTEK.OQ on NASDAQ Stock Exchange Global Select Market

1.00USD
20 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Fuel Tech Reports Q4 Loss Per Share $0.05
Monday, 12 Mar 2018 04:15pm EDT 

March 12 (Reuters) - Fuel Tech Inc ::FUEL TECH REPORTS 2017 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $0.02 FROM CONTINUING OPERATIONS.Q4 LOSS PER SHARE $0.05.Q4 REVENUE ROSE 39.9 PERCENT TO $13.4 MILLION.EXPECT TO REALIZE FULL BENEFIT OF $19 MILLION COST REDUCTION IN 2018.FOR 2018, EXPECT HIGHER TOTAL REVENUES.  Full Article

Fuel Tech Inc Says CFO David Collins Resigned For Health Reasons ‍​
Friday, 2 Mar 2018 05:00pm EST 

March 2 (Reuters) - Fuel Tech Inc ::FUEL TECH INC SAYS ON MARCH 1, 2018 DAVID S. COLLINS RESIGNED FROM HIS POSITION AS SVP, TREASURER AND CFO OF CO FOR HEALTH REASONS - SEC FILING ‍​.FUEL TECH INC SAYS COLLINS WILL CONTINUE WITH THE COMPANY IN A PART-TIME CAPACITY IN THE ROLE OF SENIOR FINANCIAL ADVISOR. ‍​.FUEL TECH SAYS ON FEB 26, APPOINTED JAMES M. PACH AS VP, TREASURER AND CONTROLLER, IN WHICH CAPACITY PACH WILL SERVE AS CO’S PRINCIPAL FINANCIAL OFFICER‍​.  Full Article

Fuel Tech Announces Exclusive Licensing Agreement For Dissolved Gas Technology For Water Treatment
Friday, 2 Mar 2018 08:45am EST 

March 2 (Reuters) - Fuel Tech Inc ::FUEL TECH ANNOUNCES EXCLUSIVE LICENSING AGREEMENT FOR DISSOLVED GAS TECHNOLOGY FOR WATER TREATMENT.FUEL TECH INC - ‍ ENTERED LICENSE AGREEMENT WITH NANO2 LLC TO MARKET AND SELL NANO2'S DISSOLVED GAS TECHNOLOGY​.FUEL TECH INC - DO NOT EXPECT AGREEMENT WILL HAVE A MATERIAL IMPACT ON RESULTS IN 2018.FUEL TECH SAYS AGREEMENT PROVIDES EXCLUSIVE RIGHTS FOR CO TO MARKET DISSOLVED GAS TECHNOLOGY IN SPECIFIED END MARKETS THROUGHOUT NORTH AMERICA.FUEL TECH INC - ‍AGREEMENT TERM IS FOR LIFE OF UNDERLYING PATENTS & CO TO PROVIDE NANO2 WITH ROYALTY PAYMENTS FROM SALES.  Full Article

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

BRIEF-Fuel Tech Reports Q1 Loss Per Share $0.01

* CAPITAL PROJECTS BACKLOG WAS $19.7 MILLION AT MARCH 31 2018