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 ...

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 ...

Core Viewpoint - Birchtech Corp. is set to release its financial results for the first quarter of 2025 on May 15, 2025, and will host an investor conference call to discuss these results and provide a corporate update [1][2]. Company Overview - Birchtech Corp. is a leader in specialty activated carbon technologies, focusing on sustainable air and water treatment solutions [4]. - The company offers patented SEA® sorbent technologies aimed at capturing mercury emissions in the coal-fired utility sector and is developing innovative water purification technologies targeting forever chemicals like PFAS and PFOS [4]. - Birchtech is recognized as America's clean coal and clean water company, committed to delivering cleaner air and water solutions [4]. Upcoming Events - The investor conference call is scheduled for May 15, 2025, at 5:00 p.m. Eastern time, with dial-in options provided for U.S./Canada and international participants [2]. - A telephone playback of the call will be available until June 13, 2025, along with a webcast replay accessible for one year [3].

Financial Data and Key Metrics Changes - The company recorded adjusted EBITDA of $56.5 million for Q1 2025, up 4% sequentially and 6% year-over-year, driven by record volumes in produced water handling and water solutions [12] - Adjusted operating margin was $0.44 per barrel, reflecting the durability of operating improvements over the last 24 months [12] - Capital expenditures (CapEx) were $21 million, down 44% compared to Q1 2024 [12] Business Line Data and Key Metrics Changes - Produced water volumes and water solution volumes grew 7% sequentially compared to Q4 2024 [7] - The first quarter represented the first full quarter integrating the McNeil Ranch into operations, with ongoing evaluations for additional revenue streams [7][9] Market Data and Key Metrics Changes - The company expects produced water volumes for Q2 2025 to be between 1.2 million and 1.25 million barrels per day, and water solutions volumes to be around 1 million barrels per day [13] - The current WTI price strip represents a $6 million to $8 million headwind to the business [13] Company Strategy and Development Direction - The company is focused on managing capital investments to align with customer activity levels and has a strong position due to long-term contracts in the Northern Delaware Basin [5][6] - There is an emphasis on beneficial reuse efforts and desalination of produced water for various applications, including reservoir replenishment and industrial use [9][10] - The company is exploring opportunities in industrial water treatment and mineral extraction, with plans for an iodine facility expected to be operational by early 2026 [10][12] Management's Comments on Operating Environment and Future Outlook - Management noted that while there is significant uncertainty around commodity prices and tariffs, the company is off to a strong start in 2025 and expects this strength to continue into Q2 [10][11] - The management team expressed confidence in their ability to manage through volatility and maintain free cash flow, even if customer activity levels decrease [17] Other Important Information - The company successfully refinanced senior notes, upsizing the offering to $500 million, and ended the quarter with net debt of $480 million and a liquidity of $372 million [14] - A dividend of $0.14 per share was declared for Q2 2025, to be paid on June 18 [14] Q&A Session Summary Question: Expectations for water cuts and volumes if producers move to maintenance mode - Management indicated that they can flex capital expenditures down by 25% to 30% if volumes decrease, and water cuts will remain the same, impacting volume rather than the cut itself [20][21][22] Question: Update on M&A activity and seller motivations - Management noted that while there is some discomfort in the market due to volatility, the bid-ask spread remains close, and they are well-positioned to take advantage of opportunities [23][24][26] Question: Volume growth cadence and one-time impacts in Q1 - Management confirmed that Q1 volumes were strong due to better-than-expected well performance and increased interruptible volumes, but future growth will depend on customer activity [30][31][32] Question: Capital allocation in a downside environment - The company remains committed to maintaining balance sheet strength and plans to continue dividend growth while having the ability to flex down capital expenditures if necessary [33][34][35] Question: Update on McNeil Ranch commercialization - Management reported that McNeil Ranch is exceeding expectations with multiple inbound opportunities for surface royalty activities and has already secured permits for disposal capacity [38][39][40] Question: Competitive landscape and impact of new pipelines - Management stated that new pipeline projects do not impact their competitive position due to long-term contracts and a large dedicated customer base [49][50][58] Question: Q2 guidance assumptions regarding interruptible volumes - Management indicated that Q2 guidance is primarily based on contracted volumes, with interruptible volumes viewed as a bonus [60][61] Question: Cost recovery for desalination and potential for iodine production - Management confirmed that operational costs for desalination could be below $1 per barrel, and they are evaluating the economics of iodine production based on the size of the facility [84][86]

HONG KONG, April 30, 2025 /PRNewswire/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today reported financial results for the 12-month period ended December 31, 2024 ("Fiscal 2024").The Company had net income of US$734,000 in Fiscal 2024, as compared to US$1,828,000 for the fiscal year ended December 31, 2023 ("Fiscal 2023"). There was an exceptional increase in equity in income of affiliates in Fiscal 2023 arising from the disposal of 2 desulfurization treatment plants for a "Build-operate-transfer" ...

Core Viewpoint - Fuel Tech, Inc. reported financial results for Q4 and full year 2024, indicating challenges in revenue generation primarily due to delayed project execution and lower performance in the Air Pollution Control (APC) segment, while the FUEL CHEM segment showed resilience and potential for growth in 2025 [2][3][9]. Financial Performance - Consolidated revenues for Q4 2024 were $5.3 million, down from $6.3 million in Q4 2023, mainly due to lower APC segment revenues [5]. - For the full year 2024, consolidated revenues decreased to $25.1 million from $27.1 million in 2023, driven by lower APC revenues but partially offset by an increase in FUEL CHEM revenues [9][10]. - The net loss for Q4 2024 was $(1.9) million, or $(0.06) per share, compared to a net loss of $(539,000), or $(0.02) per share, in Q4 2023 [6][10]. - The company ended 2024 with approximately $30 million in cash and investments and no long-term debt [2][11]. Segment Performance - The APC segment revenue for Q4 2024 was $1.8 million, down from $2.8 million in Q4 2023, with a gross margin decline to 35.9% from 55.0% [7]. - The FUEL CHEM segment revenue remained steady at $3.5 million, with a gross margin decline to 45.5% from 48.0% in Q4 2023 [8]. - The consolidated gross margin for Q4 2024 was 42.3%, down from 51.1% in Q4 2023, reflecting decreases in both APC and FUEL CHEM gross margins [5]. Future Outlook - The company anticipates improved performance in the FUEL CHEM segment in 2025, driven by normalized chemical program utilization and new commercial programs [3]. - Fuel Tech is pursuing new opportunities in emissions control solutions for data centers and municipal waste combustion units, driven by regulatory requirements [4][3]. - The company plans to showcase its Dissolved Gas Infusion (DGI) technology at Aquaculture 2025, with hopes of generating commercial revenues in 2025 [4]. Geographic Performance - For the year ended December 31, 2024, revenues from the United States were $17.8 million, down from $21.4 million in 2023, while foreign revenues increased to $7.3 million from $5.7 million [33].

TETRA (TTI) Q4 2024 Earnings Call February 26, 2025 10:30 AM ET Company Participants Julian Higuera - Director of FP&A and Investor RelationsBrady Murphy - CEOElijio V. Serrano - Senior VP & CFOKurt Hallead - Head of Global EnergyBobby Brooks - Vice PresidentStephen Gengaro - Managing Director Conference Call Participants Tim Moore - Managing Director, Senior Research Analyst Operator Good morning and welcome to TETRA Technologies Fourth Quarter twenty twenty four Results Conference Call. All participants a ...