Benzinga | Aug 5, 2020 08:23AM EDT

CECO Environmental: Q2 Earnings Insights

Shares of CECO Environmental (NASDAQ:CECE) rose 0.9% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 75.00% year over year to $0.14, which beat the estimate of $0.08.

Revenue of $75,170,000 decreased by 7.40% year over year, which beat the estimate of $68,400,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 05, 2020

Time: 08:30 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1826/35839

Price Action

52-week high: $9.11

52-week low: $3.53

Price action over last quarter: Up 46.17%

Company Description

CECO Environmental Corp serves the energy, industrial and other niche markets. The company operates through Energy Solutions segment which serves the energy market, by offering efficient solutions and technologies to keep the world clean and safe. Industrial Solutions segment Serves the industrial pollution control market by offerings solutions of air pollution control technologies that enable its customers to reduce their carbon footprint, lower energy consumption, minimize waste and meet compliance targets for toxic emissions, fumes, and industrial odors. Fluid Handling Solutions segment offers pump and filtration solutions that maintain safe and clean operations.