Fuel Tech Inc. Reports 29% Revenue Increase, Narrowed Net Loss of $739,000, EPS at $(0.02) in Q1 2025

Reuters
2025/05/13
Fuel Tech Inc. Reports 29% Revenue Increase, Narrowed Net Loss of $739,000, EPS at $(0.02) in Q1 2025

Fuel Tech Inc. reported its financial results for the first quarter ended March 31, 2025, with consolidated revenues rising 29% to $6.4 million from $5.0 million in Q1 2024. This increase was driven by a substantial 92% rise in FUEL CHEM segment revenue, reaching $5.1 million, up from $2.6 million the previous year. The company's gross margin expanded to 46.4%, compared to 40.9% in Q1 2024, primarily due to the improved performance of the FUEL CHEM segment. Despite the increase in revenues, Fuel Tech Inc. recorded a net loss of $739,000 for Q1 2025, compared to a larger net loss in the previous year. The company's backlog also saw a significant increase, rising 66% to $10.3 million, marking the highest quarterly backlog since 2022. Fuel Tech Inc. reported having $31.2 million in cash, cash equivalents, and investments, with no long-term debt as of March 31, 2025. The company expressed optimism for continued strong performance from the FUEL CHEM segment throughout the remainder of the year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fuel Tech Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-016134), on May 12, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10