Benzinga | Nov 10, 2020 04:46PM EST

Fuel Tech Q3 EPS $0.09 Beats $(0.05) Estimate, Sales $8.20M Beat $6.25M Estimate

Fuel Tech (NASDAQ:FTEK) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.05) by 280 percent. This is a 280 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $8.20 million which beat the analyst consensus estimate of $6.25 million by 31.20 percent. This is a 27.09 percent increase over sales of $6.45 million the same period last year.