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Business News

CECO: Q3 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — CECO Environmental Corp. (CECO) on Tuesday reported third-quarter earnings of $3.3 million.

By AP News·1 min read·Updated November 7, 2023
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DALLAS (AP) — DALLAS (AP) — CECO Environmental Corp. (CECO) on Tuesday reported third-quarter earnings of $3.3 million.

On a per-share basis, the Dallas-based company said it had profit of 9 cents. Earnings, adjusted for one-time gains and costs, came to 22 cents per share.

The maker of air pollution controls and industrial ventilation systems posted revenue of $149.4 million in the period.

CECO expects full-year revenue in the range of $525 million to $550 million.

CECO shares have increased 42% since the beginning of the year. The stock has climbed 42% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CECO at https://www.zacks.com/ap/CECO

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