Fuel Tech (FTEK) Misses Q4 EPS by 12c, Revenues Miss
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Fuel Tech Reports 2019 Fourth Quarter and Full Year Financial Results
March 11, 2020 5:08 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 fourth quarter (Q4 2019) and full year ended December 31, 2019.
2019 was a challenging year for our Company, driven primarily by ongoing delays in closing new Air Pollution Control (APC) business awards with such delays continuing into the first quarter of 2020, said Vincent J. Arnone, Chairman, President and CEO of Fuel Tech. These delays have been frustrating;... More
