Fuel Tech (FTEK) Reports Q1 Loss of $0.05, Revenues Miss
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Fuel Tech Reports 2019 First Quarter Financial Results
May 13, 2019 4:15 PM EDTWARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today reported financial results for the first quarter ended March 31, 2019 (Q1 2019).
Our Q1 2019 net loss from continuing operations of $1.3 million included operating losses at our soon-to-be suspended Air Pollution Control (APC) China operations (Beijing Fuel Tech) and other charges totaling $1.2 million, as well as the unfavorable impact of the timing of completion of current APC projects under contract, said Vincent J.... More
