FUEL CHEM technology

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Fuel Tech to Present at H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-09-04 12:30
WARRENVILLE, Ill., Sept. 04, 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 President & CEO Vincent J. Arnone is scheduled to present at the H.C. Wainwright 27th Annual Global Investment Conference, taking place September 8-10, 2025 in New York City. Presentation Date & Time: September 9, 2025 at 1:00 pm Eastern ...
Fuel Tech Reports 2025 Second Quarter Financial Results
Globenewswire· 2025-08-05 20:50
Core Insights - Fuel Tech, Inc. reported a decline in consolidated revenues for Q2 2025 to $5.6 million from $7.0 million in Q2 2024, primarily due to lower revenues in the Air Pollution Control (APC) segment [6][8] - The company anticipates improved performance in the second half of 2025, driven by ongoing developments in its business segments and new contract opportunities, particularly in the APC segment related to data centers [2][3] - The company maintains a strong financial position with nearly $31 million in cash and no long-term debt as of June 30, 2025 [2][10] Business Segment Performance - The FUEL CHEM segment's revenue remained flat at $3.1 million, but gross margin improved to 46.8% from 45.5% due to increased sales activity [9] - APC segment revenue decreased to $2.5 million from $3.9 million, attributed to the timing of project execution, but the company expects to secure additional contracts worth between $2.5 million and $3.0 million soon [4][8] - The company is set to demonstrate its TIFI Targeted In-Furnace Injection technology in Q4 2025, which is expected to enhance its client base [3] Financial Overview - Consolidated gross margin for Q2 2025 increased to 45.5% from 41.9% in Q2 2024, reflecting improvements in both APC and FUEL CHEM segments [6] - SG&A expenses rose slightly to $3.3 million, leading to an increase in SG&A as a percentage of revenues to 60.2% from 46.1% [7] - The net loss for Q2 2025 was $(689,000), or $(0.02) per share, compared to a net loss of $(421,000), or $(0.02) per share in Q2 2024 [7][20] Cash and Investments - As of June 30, 2025, the company had cash and cash equivalents of $10.6 million, short-term investments of $12.4 million, and long-term investments totaling $7.9 million [10] - Stockholders' equity at the same date was $40.6 million, or $1.32 per share, with no debt reported [10][18] Geographic Performance - In Q2 2025, revenues from the United States were $4.4 million, while foreign revenues were $1.1 million, contributing to total revenues of $5.6 million [33] - For the six months ended June 30, 2025, total revenues were $11.9 million, slightly down from $12.0 million in the same period of 2024 [33]
Fuel Tech Schedules 2025 Second Quarter Financial Results and Conference Call
Globenewswire· 2025-07-24 20:15
WARRENVILLE, Ill., July 24, 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 second quarter ended June 30, 2025 on Tuesday, August 5, 2025 after the close of the stock market. Management will host a conference call on Wednesday, August 6, 2025 at 10:00 am ET / 9:00 am CT ...
Fuel Tech To Participate in the Sidoti Micro-Cap Virtual Investor Conference
Globenewswire· 2025-05-13 19:30
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 Schedules 2025 First Quarter Financial Results and Conference Call
Globenewswire· 2025-04-29 20:15
Core Viewpoint - Fuel Tech, Inc. is set to release its financial results for Q1 2025 on May 12, 2025, and will host a conference call on May 13, 2025, to discuss these results and business activities [1][2]. Company Overview - Fuel Tech, Inc. specializes in advanced engineering processes for emissions control systems and water treatment technologies, serving utility and industrial applications [1]. - The company is recognized for its leadership 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 water treatment technologies, including DGIDissolved Gas Infusion Systems, which are used in various applications such as remediation and wastewater management [3]. - Fuel Tech's products leverage advanced Computational Fluid Dynamics modeling and proprietary visualization software [3].