---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-006111"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T12:18:38.234414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CECO Q4 revenue $116.4M (+24% YoY), EPS $0.24; raises FY2023 guidance

## Summary
- Q4 orders $150.5M (+66% YoY); backlog $311.7M (+46%) record level.
- Q4 GAAP net income $8.3M vs $1.2M; non-GAAP EPS $0.21 vs $0.10.
- Full-year 2022 revenue $422.6M (+30%), adjusted EBITDA $42.2M (+65%).
- FY2023 guidance raised: revenue $460-485M, adjusted EBITDA $45-50M (midpoint +13% YoY).
- Free cash flow $27.2M in 2022; $7M shares repurchased under $20M program.

## SEC filing metadata
- accession: 0000950170-23-006111
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017023006111/0000950170-23-006111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017023006111/ceco-20230306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-006111
- JSON: https://secwatch.observer/filing/0000950170-23-006111.json
- Plain text: https://secwatch.observer/filing/0000950170-23-006111.txt

## Key facts
- Earnings Releases
  CECO ENVIRONMENTAL CORP reported the fourth quarter ended December 31, 2022 results: revenue $116.4 million, net income $8.3 million, EPS $0.24. Guidance raised.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $116.4 million
  - Net income: $8.3 million
  - EPS: $0.24
  - Guidance: raised
  - Result: reported results
  source text: Revenue of $116.4 million, up 24 percent • Net income of $8.3 million, up $7.1 million; non-GAAP net income of $7.4 million, up $4.0 million • GAAP EPS (diluted) of $0.24, up $0.21; non-GAAP EPS (diluted) of $0.21, up $0.11
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000095017023006111/0000950170-23-006111-index.htm
- Earnings Releases
  CECO ENVIRONMENTAL CORP reported the fiscal year ended December 31, 2022 results: revenue $422.6 million, net income $17.4 million, EPS $0.50. Guidance raised.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $422.6 million
  - Net income: $17.4 million
  - EPS: $0.50
  - Guidance: raised
  - Result: reported results
  source text: Revenue of $422.6 million, up 30 percent • Net income of $17.4 million, up $16.0 million; non-GAAP net income of $25.9 million, up $16.1 million • GAAP EPS (diluted) of $0.50, up $0.46; non-GAAP EPS (diluted) of $0.74, up $0.46
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000095017023006111/0000950170-23-006111-index.htm

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