CECO Environmental Corp. Reports First Quarter 2020 Results
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CECO Environmental (CECE) Tops Q1 EPS by 5c, Revenues Miss
May 6, 2020 7:16 AM EDTCECO Environmental (NASDAQ: CECE) reported Q1 EPS of $0.15, $0.05 better than the analyst estimate of $0.10. Revenue for the quarter came in at $80.5 million versus the consensus estimate of $82.52 million.
Highlights of the First Quarter 2020
Revenue of $80.5 million, compared with $86.0 millionGross profit of $28.3 million (35.2% margin), compared with $28.4 million (33.0% margin)Operating income of $4.2 million, compared with $4.9 millionNon-GAAP operating income of $6.3 million, compared with $7.2 millionNet income was $3.4... More