
Fuel Tech reports Q3 after the Nov. 4 close, with a Nov. 5 conference call. The results will show whether industrial emissions compliance spending is picking up—a read for the sector.
Fuel Tech will report third-quarter results on Nov. 4 after the close, the company said Thursday. Management holds a conference call the next day at 10 a.m. ET.
The Warrenville, Ill.-based company sells emissions control systems and water treatment tech to utilities and industrial plants. Its NOx reduction and particulate control gear is installed on more than 1,300 units worldwide. The FUEL CHEM technology cuts slagging and corrosion in boilers. The DGI dissolved-gas infusion system treats wastewater and manages odor.
The call comes as U.S. and European regulators tighten limits on nitrogen oxide from power plants and industrial furnaces. Fuel Tech's core revenue stream depends on plant operators spending to meet those rules. The company's last quarterly revenue was $6.4 million, with a net loss of $1.1 million. A beat or miss on the top line will signal whether industrial capital spending on emissions compliance is accelerating or stalling.
Dial-in details for the Nov. 5 call are on the company's website. Results will be posted after the Nov. 4 close.
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