CECO Environmental(US:CECO)2025-04-29 16:09Financial Highlights - The company's backlog reached a record of $602 million[7], a 55% increase year-over-year[24] - Orders also hit a record of $228 million[7], representing a 57% increase year-over-year[6, 24] - Revenue was $177 million[7], above consensus estimates[7], and up 40% year-over-year[24] - Adjusted EBITDA was $14 million[7], above consensus estimates[7], but up only 6% year-over-year[24] - Adjusted EPS was $0.10[7], above consensus estimates[7], but down $0.01 year-over-year[24] Strategic Actions and Outlook - The company completed the acquisition of Profire Energy and the divestiture of the Global Pump Solutions business in Q1[7] - The sales pipeline is strong and growing, now over $5 billion[6, 11, 14] - The company is maintaining its FY2025 outlook, with revenue guidance of $700-$750 million and adjusted EBITDA of $90-$100 million[6, 22] Tariff and Inflation Management - The company is taking price and cost actions to address tariffs and expected inflation impacts[6] - The estimated gross impact of tariffs is $3-$10 million, with mitigation actions identified to offset $3-$6 million[21]