CECO Environmental(CECO)
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CECO Environmental to Acquire Profire Energy for $125 Million
GlobeNewswire News Room· 2024-10-29 10:00
Expands CECO's leadership position in niche energy and industrial markets with expanded environmental solutions for mission critical applications Provides cost synergies and enhances Profire's strategic growth by utilizing CECO's established international operations and customer relationships CECO to host its Quarterly Earnings call today at 8:30 a.m. ET including further commentary regarding the transaction DALLAS and LINDON, Utah, Oct. 29, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) ( ...
CECO Environmental Upsizes Credit Facility to $400 Million
GlobeNewswire News Room· 2024-10-15 11:15
DALLAS, Oct. 15, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, has announced a significant upsize in the form of an amendment and restatement of its credit facility, increasing it to a $400 million senior secured revolving credit facility. This expansion from the existing $246 million aggregate capacity underscores CECO's strategic commitment to str ...
Zacks Industry Outlook Tetra Tech, Casella Waste Systems, Atmus Filtration Technologies and CECO Environmental
ZACKS· 2024-09-18 09:51
For Immediate Release Chicago, IL – September 18, 2024 – Today, Zacks Equity Research discusses Tetra Tech, Inc. (TTEK) , Casella Waste Systems, Inc. (CWST) , Atmus Filtration Technologies Inc. (ATMU) and CECO Environmental Corp. (CECO) . Industry: Pollution Control Link: https://www.zacks.com/commentary/2337210/4-stocks-to-gain-from-thriving-pollution-control-industry The Zacks Pollution Control industry is poised for growth from increasing demand for air pollution control products due to rising greenhouse ...
CECO Environmental Announces Upcoming Investor Conferences
GlobeNewswire News Room· 2024-08-19 11:00
DALLAS, Aug. 19, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announces that CECO Management will present at the following investor conferences: August 29, 2024 – 15th Annual Midwest IDEAS Conference in Chicago. September 5, 2024 – Jefferies Industrials Conference in New York. September 12, 2024 – Lake Street Investor Conference in New York. T ...
CECO Environmental(CECO) - 2024 Q2 - Quarterly Report
2024-07-30 20:09
Finite life intangible assets as of June 30, 2024 and December 31, 2023 consisted of the following: | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------|-------|------------------------------|---------------------|-------------------|-------|----------------------------|-------------------------|-----------------| | (in thousands) \nTechnology | $ | June 30, \nCost \n16,508 | 2024 \nAccum. \n$ | Amort. \n14,388 | $ | December \nCost \n16,517 | 31, 2023 \ ...
CECO Environmental(CECO) - 2024 Q2 - Earnings Call Transcript
2024-07-30 18:27
CECO Environmental Corp. (NASDAQ:CECO) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Steven Hooser - Investor Relations Todd Gleason - Chief Executive Officer Peter Johansson - Chief Financial & Strategy Officer Conference Call Participants Aaron Spychalla - Craig Hallam Capital Group Rob Brown - Lake Street Capital Markets Gerry Sweeney - Roth Jim Ricchiuti - Needham and Company Bobby Brooks - Northland Capital Markets Amit Dayal - H.C. Wainwright Operator Good morning, and ...
CECO Environmental(CECO) - 2024 Q2 - Earnings Call Presentation
2024-07-30 14:33
Q2 2024 Earnings Report July 30, 2024 This presentation contains forward-looking statements with predictions, projections and other statements about future events. These statements are made on the basis of management's views and assumptions regarding future events and business performance. We use words such as "believe," "expect," "anticipate," "intends," "estimate," "forecast," "project," "will," "plan," "should" and similar expressions to identify forward-looking statements. Forward-looking statements inv ...
CECO Environmental (CECO) Surpasses Q2 Earnings Estimates
ZACKS· 2024-07-30 13:16
CECO Environmental (CECO) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. CECO, which belongs to the Zacks Pollution Control industry, posted revenues of $137.52 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $129.18 million. The company has topped consensus rev ...
CECO Environmental(CECO) - 2024 Q2 - Quarterly Results
2024-07-30 11:03
CECO ENVIRONMENTAL REPORTS SECOND QUARTER 2024 RESULTS Record Revenue, Gross Profits, Gross Margins and EBITDA Closes Strategic Industrial Air Acquisition Raises Full Year Outlook DALLAS (July 30, 2024) -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the second quarter of 2024. In addition, CECO, announces the acquisition o ...
CECO Environmental (CECO) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-23 15:06
The market expects CECO Environmental (CECO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's di ...