Workflow
Fuel Tech(FTEK)
icon
Search documents
Fuel Tech Announces Demonstration Agreement for DGI® Dissolved Gas Infusion Technology
GlobeNewswire News Room· 2024-11-04 21:15
Core Insights - Fuel Tech, Inc. has announced an extended demonstration of its DGI® Dissolved Gas Infusion technology at a fish hatchery in the Western US, aimed at evaluating its benefits in providing consistent levels of dissolved oxygen for gamefish [1][2] - The demonstration will follow defined test protocols over a grow cycle estimated at four to six months, with equipment deliveries expected in the first quarter of 2025 [2] Company Overview - Fuel Tech specializes in advanced engineering processes for emissions control systems and water treatment technologies, focusing on utility and industrial applications [1][3] - The company is recognized for its nitrogen oxide (NOx) reduction and particulate control technologies, with over 1,300 installations worldwide [3] - Fuel Tech's water treatment technologies, including the DGI® systems, utilize patented methods to deliver supersaturated oxygen solutions for various applications in the water and wastewater industries [3]
Fuel Tech Schedules 2024 Third Quarter Financial Results and Conference Call
GlobeNewswire News Room· 2024-10-28 20:15
Core Insights - Fuel Tech, Inc. will release its financial results for Q3 2024 on November 6, 2024, after market close [1] - A conference call to discuss the results will be held on November 7, 2024, at 10:00 am ET [2] Company Overview - Fuel Tech specializes in advanced engineering processes for emissions control systems and water treatment technologies, serving utility and industrial applications [1][3] - The company is a leader in nitrogen oxide (NOx) reduction and particulate control technologies, with over 1,300 installations worldwide [3] - Fuel Tech's FUEL CHEM® technology enhances combustion unit efficiency and environmental performance by addressing issues like slagging and fouling [3] - The company also offers DGI® Dissolved Gas Infusion Systems for various water treatment applications, utilizing patented technologies [3]
Fuel Tech to Showcase DGI® Dissolved Gas Infusion Technology at WEFTEC 2024
GlobeNewswire News Room· 2024-09-19 20:10
WARRENVILLE, Ill., Sept. 19, 2024 (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 be exhibiting its DGI® Dissolved Gas Infusion technology at the Water Environment Federation Technical Exhibition and Conference ("WEFTEC") in New Orleans next month. Bringing together industry experts and thought leaders from ar ...
Fuel Tech, Inc. (FTEK) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 00:01
Fuel Tech, Inc. (FTEK) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.03 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced earnings of $0.01, delivering a surprise of 200%. Over the last four quarters, the company has surpassed ...
Fuel Tech Reports 2024 Second Quarter Financial Results
Newsfilter· 2024-08-06 20:11
WARRENVILLE, Ill., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ:FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the second quarter ended June 30, 2024 (Q2 2024). "As expected, our performance in the second quarter was much improved," said Vincent J. Arnone, President and CEO. "Consolidated revenues rose by 29% compared to last ...
Fuel Tech Awarded Air Pollution Control Orders Totaling $5.0 Million
Newsfilter· 2024-08-06 20:10
Core Insights - Fuel Tech, Inc. has received air pollution control (APC) orders valued at approximately $5.0 million from both new and existing customers in Europe and the US, marking a significant addition to its backlog [1][5] - The company has secured its first APC award for a renewable energy project, indicating a strategic move into the growing renewable energy market [1][5] Summary by Category New Orders - A new customer in Europe has placed an order for multiple ammonia delivery and injection systems for renewable energy facilities, which will utilize Selective Catalytic Reduction (SCR) technology for nitrogen oxide (NOx) reduction [2] - The order includes a defined price option for the customer to add additional units within a specified timeframe, with equipment deliveries expected in the fourth quarter of 2025 [2] Existing Customer Contracts - An existing customer in Europe has contracted for SCR technology to be used in a natural gas-fired heater at a chemical processing plant, with equipment deliveries anticipated in the second and third quarters of 2025 [3] - In the US, an existing customer has ordered an ULTRA® system for installation on a natural gas turbine at a university, with deliveries expected to be completed in the first quarter of 2025 [4] Company Overview - Fuel Tech specializes in advanced engineering processes for emissions control and water treatment technologies, with a strong focus on nitrogen oxide (NOx) reduction and particulate control [6] - The company has installed its solutions on over 1,300 utility, industrial, and municipal units worldwide, showcasing its extensive market reach and technological capabilities [6]
Buy Alert: 3 Untapped Stocks With Skyrocketing Potential
Investor Place· 2024-06-13 10:08
Navigating the constantly shifting stock market can be intimidating. However, selecting the correct stocks to buy is essential to creating a profitable investing portfolio. Three stocks that demonstrate growth potential and stability have been chosen here, which is a crucial tactic. Assessing companies based on their financial situation, market placement and growth potential is vital to selecting the right stocks. Understanding the difference between stocks with solid fundamentals and long-term growth prosp ...
Millionaire-Maker Stock Picks: 3 Names That Can Make You Big Money
Investor Place· 2024-06-07 10:30
Core Insights - Power Solutions (PSIX) has shown a significant increase in net income and earnings per share (EPS), with net income rising from $3.7 million in Q1 2023 to $7.1 million in Q1 2024, marking a 91% growth [3] - Operating cash flows for Power Solutions increased by $10.6 million to $15.6 million in Q1 2024, representing a massive 211.11% growth compared to the same period in 2023 [4] - Fuel Tech (FTEK) is positioned to benefit from upcoming changes in the US EPA's regulations, focusing on compliance solutions that could capture a large market share [10][11] - United Microelectronics (UMC) reported a 4.5% increase in wafer shipments in Q1 2024, indicating operational efficiency and a commitment to meeting growing demand [15] - UMC plans to invest $3.3 billion in capital expenditures for 2024 to expand its 12-inch capacity, targeting high-growth industries such as automotive, 5G, and AI [17][18] Company Summaries - Power Solutions is demonstrating robust financial health with a strong increase in net income and cash flow, indicating improved operational efficiency and potential for future growth [3][4][9] - Fuel Tech is actively engaging in compliance solutions related to air pollution regulations, which may lead to significant market opportunities as new regulations come into effect [10][11][12] - United Microelectronics is focusing on expanding its production capacity to meet increasing demand, particularly in high-growth sectors, which is supported by substantial capital investment [16][18]
3 Must-Buy Stocks Under $15 for a Quick Triple by 2026
Investor Place· 2024-05-30 16:47
Three stocks under $15 that can potentially triple in value by 2026 stand out when looking for profitable investing options. These businesses are positioned in a variety of sectors, including technological hardware, insurance, and environmental services, each with distinct advantages and expansion plans. With large cash reserves and no long-term debt, the first has a solid financial base that enables it to engage in cutting-edge technology and commercial ventures. The business has increased its gross margin ...
Fuel Tech, Inc. (FTEK) Q1 Earnings Beat Estimates
Zacks Investment Research· 2024-05-08 00:11
Fuel Tech, Inc. (FTEK) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 200%. 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 $0.02, delivering a surprise of 33.33%.Over the last four quarters, the company ...