WARRENVILLE, Ill., May 13, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced that Chairman and Chief Executive Officer Vince Arnone is scheduled to present and host one-on-one meetings with investors at the Sidoti Micro-Cap Virtual Investor Conference, taking place on May 21-22, 2025. Presentation Date & Time: May 22, 2 ...

Fuel Tech Inc (FTEK) Q1 2025 Earnings Call May 13, 2025 10:00 AM ET Company Participants Devin Sullivan - Managing DirectorVincent Arnone - Chairman, CEO & PresidentEllen Albrecht - VP, CFO & Treasurer Conference Call Participants Amit Dayal - Managing Director & Senior Technology AnalystMarc Silk - CEO, Investment Advisor, Portfolio Manager & AnalystWilliam Bremer - Analyst Operator Greetings, and welcome to the Fuel Tech twenty twenty five First Quarter Financial Results Conference Call and Webcast. At th ...

Financial Data and Key Metrics Changes - Revenues for the first quarter of 2025 rose 29% to $6,400,000 from $5,000,000 in the prior year period, primarily driven by the robust performance of the FUEL CHEM business segment [17][6] - Consolidated gross margin improved to 46% from 41% in the prior year, reflecting a higher proportion of FUEL CHEM segment revenue [18] - The operating loss narrowed to $952,000 from $1,700,000 in the previous year, indicating improved financial performance [22] - The net loss for the quarter was $739,000 or $0.02 per share, compared to net income of $281,000 or $0.01 per share in the same period last year [22] Business Line Data and Key Metrics Changes - FUEL CHEM segment revenue increased by 92% to $5,100,000 from $2,600,000 in the prior year, comprising nearly 80% of total revenues for the quarter [17][8] - APC segment revenue declined to $1,300,000 from $2,300,000 in the previous year, primarily due to the timing of project execution [17][9] - APC backlog improved significantly, reaching $10,300,000 as of March 31, 2025, up from $6,200,000 at the end of 2024 [19] Market Data and Key Metrics Changes - The company is encouraged by the global landscape of business development activities, driven by manufacturing expansion and growing demand for power generation [6][7] - The demand for emissions control solutions is increasing due to the need for compliance with environmental regulations [7][12] Company Strategy and Development Direction - The company aims to maintain revenue guidance for 2025 at approximately $30,000,000, with expectations that both business segments will exceed their performance in 2024 [14] - The focus remains on pursuing additional FUEL CHEM opportunities domestically and internationally, with plans for new demonstrations of technology [8][9] - The company is actively engaging in discussions regarding the expansion of its chemical technology in Mexico, aligning with the new government's environmental policies [9][39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the current business environment, noting that uncertainties in the market have not significantly deterred business activity [31] - The company is not expecting any specific tailwinds from new regulations but is confident in capturing opportunities driven by general business expansion [30][31] - The management highlighted the potential for growth in the data center market, driven by increasing energy demands [11][35] Other Important Information - The company has no long-term debt and maintains a strong financial position with cash and investments totaling approximately $31,200,000 [22][24] - Research and development expenses increased due to ongoing investments in water and wastewater treatment technologies [20][21] Q&A Session Summary Question: Current political environment and its impact - Management indicated that the new administration is not deterring business opportunities, and general market drivers are favorable for growth [30][31] Question: Data center partnerships - While specific names could not be disclosed, management confirmed collaboration with OEM suppliers and large tech companies in the data center market [32][33] Question: Mexico opportunity and funding - The Mexican government needs to allocate funds for pollution remediation systems to facilitate order placements [39] Question: Environmental regulations and data center opportunities - Management noted that opportunities are not solely driven by new regulations but are influenced by existing EPA regulations [46][47] Question: DGI sales representatives - The company is engaging sales representatives to enhance market access for DGI technology, with positive feedback from recent shows [50][51] Question: Stock buyback considerations - Management discussed the potential for stock buybacks but emphasized confidence in organic growth as a better use of cash at this time [68]

Fuel Tech, Inc. (FTEK) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.06, delivering a surprise of -100%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Fuel Tech, which belongs to the Zacks P ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to______. Commission file number: 001-33059 FUEL TECH, INC. (Exact name of registrant as specified in its charter) Delaware 20-5657551 (State or other ...

Exhibit 99.1 CONTACT:Vince Arnone Devin Sullivan President and CEO Managing Director (630) 845-4500 The Equity Group Inc. dsullivan@equityny.com FOR IMMEDIATE RELEASE FUEL TECH REPORTS 2025 FIRST QUARTER FINANCIAL RESULTS Select First Quarter 2025 Highlights WARRENVILLE, Ill., May 12, 2025 – Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today reported fina ...

Select First Quarter 2025 Highlights Revenue rose 29% to $6.4 millionGross margin expanded to 46.4%Operating loss narrowed to $1.0 millionBacklog rose 66% to $10.3 millionCash, cash equivalents and investments of $31.2 million, no long-term debt WARRENVILLE, Ill., May 12, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today reported ...

WARRENVILLE, Ill., April 29, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced that it will issue its financial results for the first quarter ended March 31, 2025 on Monday, May 12, 2025 after the close of the stock market. Management will host a conference call on Tuesday, May 13, 2025 at 10:00 am ET / 9:00 am CT to di ...

WARRENVILLE, Ill., March 27, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ:FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the receipt of air pollution control (APC) orders from new and existing customers in the US and Europe. These orders have an aggregate value of approximately $1.4 million.   A contract was received from a new customer in the US for an ULTRA® s ...

WARRENVILLE, Ill., March 27, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the receipt of air pollution control (APC) orders from new and existing customers in the US and Europe. These orders have an aggregate value of approximately $1.4 million.   A contract was received from a new customer in the US for an ULTRA® ...