CECO: Q4 Earnings Snapshot
Posted March 6, 2023 7:23 am.
Last Updated March 6, 2023 7:32 am.
DALLAS (AP) — DALLAS (AP) — CECO Environmental Corp. (CECO) on Monday reported fourth-quarter earnings of $8.3 million.
On a per-share basis, the Dallas-based company said it had profit of 24 cents. Earnings, adjusted for one-time gains and costs, came to 21 cents per share.
The maker of air pollution controls and industrial ventilation systems posted revenue of $116.4 million in the period.
For the year, the company reported profit of $17.4 million, or 50 cents per share. Revenue was reported as $422.6 million.
CECO expects full-year revenue in the range of $460 million to $485 million.
CECO shares have increased 33% since the beginning of the year. The stock has more than tripled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CECO at https://www.zacks.com/ap/CECO
The Associated Press
