---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-022311"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:02:08.865400+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CECO Q3 revenue up 36% to $108.4M; raises 2022 EBITDA guidance to >$39M

## Summary
- Net income of $1.9M vs loss of $1.2M YoY; GAAP EPS $0.06; non-GAAP EPS $0.20.
- Adjusted EBITDA $9.2M, up 156% YoY; backlog $277.7M, up 27%.
- FY2022 guidance raised: revenue >$410M, adjusted EBITDA >$39M.
- Introduced FY2023 revenue guidance $450-475M; adjusted EBITDA $45-48M.
- Completed DS21 acquisition in water treatment; repurchased $2.2M shares in Q3.

## SEC filing metadata
- accession: 0000950170-22-022311
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017022022311/0000950170-22-022311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017022022311/ceco-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-022311
- JSON: https://secwatch.observer/filing/0000950170-22-022311.json
- Plain text: https://secwatch.observer/filing/0000950170-22-022311.txt

## Key facts
- Earnings Releases
  CECO ENVIRONMENTAL CORP reported the third quarter of 2022 results: revenue $108.4 million, net income $1.9 million. Guidance raised.
  - Period: the third quarter of 2022
  - Revenue: $108.4 million
  - Net income: $1.9 million
  - Guidance: raised
  - Result: reported results
  source text: CECO Environmental Corp. (Nasdaq: CECO) ("CECO") , a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the third quarter of 2022. Highlights for the Quarter (1) • Orders of $101.7 million, up 10 percent; Backlog of $277.7 million, up 27 percent • Revenue of $108.4 million, up 36 percent • Net income of $1.9 million, up $3.1 million; non-GAAP net income of $7.1 million, up $6.6 million • Adjusted EBITDA of $9.2 million, up 156 percent • Company increases full year financial outlook; Company introduces full year 2023 financial outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000095017022022311/0000950170-22-022311-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.