The growing adoption of renewable energy sources, coupled with the rising demand for alternative fuels and the increasing popularity of electric vehicles, has impacted the outlook of the Zacks Pollution Control industry. Another concern for industry players is the shortage of skilled labor in the United States.However, strong demand for air pollution control products, arising from increasing greenhouse gas emissions and growing public awareness of the health related risks, has been allowing the industry par ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CECO Environmental Corp. ("CECO" or the "Company") (NASDAQ: CECO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether CECO and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On January 16, 2025, CECO ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

Financial Results - CECO Environmental Corp. announced preliminary financial results for Q4 and full year 2024 on January 16, 2025[5]. - The report does not specify detailed financial metrics or performance indicators in the provided content[5]. - The financial results are not deemed "filed" under the Securities Exchange Act of 1934[6]. Company Information - The company is listed on NASDAQ under the trading symbol CECO[4]. - The report was signed by Kiril Kovachev, Chief Accounting Officer, on January 17, 2025[11]. Strategic Outlook - No information on user data, future outlook, or new product developments is available in the current documents[5]. - The company has not indicated any strategic transactions or market expansions in the provided content[7]. - There is no mention of mergers or acquisitions in the current report[5]. - The report does not classify CECO as an emerging growth company[4]. Documentation - The press release detailing the financial results is included as Exhibit 99.1[7].

Q4 Revenue and EBITDA Negatively Impacted by Customer-Driven Project DelaysTremendous Q4 Bookings at Over $210 million Establishes New Record and Highest-Ever Backlog Completed Acquisition of Verantis in Late Q4 and Announces Intention to Divest Fluid Handling Business2025 Full Year Outlook Affirmed ADDISON, Texas, Jan. 16, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO" or the "Company"), a leading environmentally focused, diversified industrial company whose solutions protect peopl ...

ADDISON, Texas, Jan. 09, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (NASDAQ:CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced the closing of its acquisition of Profire Energy, Inc., as of January 3, 2025, (formerly NASDAQ:PFIE) ("Profire"), a technology company and industry-leading provider of intelligent control solutions that enhance the efficiency, safety, and reliability of i ...

ADDISON, Texas, Jan. 07, 2025 (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 conference in January: January 17, 2025 – The 27th Annual Needham Growth Conference Virtual – 9:30 am ET presentation and conducting meetings throughout the day. The webcast presentation will be available ...

Core Viewpoint - CECO Environmental Corp. has announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its tender offer for Profire Energy, Inc., which is a significant step towards completing the acquisition [1][2]. Company Overview - CECO Environmental is a diversified industrial company focused on environmentally friendly solutions, serving various industrial air, water, and energy transition markets globally [3]. - The company operates through key business segments: Engineered Systems and Industrial Process Solutions, providing innovative technology and expertise to enhance safety, efficiency, and environmental protection [3]. - CECO's solutions are applicable in multiple sectors, including power generation, petrochemical processing, refining, electric vehicle production, and water treatment [3]. Tender Offer Details - The expiration of the HSR waiting period is one of the conditions for the tender offer, with other conditions still pending, including a minimum tender of shares representing a majority of PFIE's outstanding shares [2]. - The tender offer and withdrawal rights are set to expire at one minute after 11:59 p.m. Eastern Time on December 31, 2024, unless extended [2].

ADDISON, Texas, Dec. 03, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (together with its consolidated subsidiaries and affiliates, “CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, announced today that its affiliate, Combustion Merger Sub, Inc. (“Purchaser”), commenced the previously announced cash tender offer for all of the issued and outstanding shares of common stock of Profire Energy, ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!CECO Environmental (NASDAQ: CECO ) has undergone a real transformation in recent years, having demonstrated on impressive growth in the order intake and revenues while expanding margins. This has ...