secwatch.observer — SEC 8-K summary
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Issuer:     CECO ENVIRONMENTAL CORP (CECO)
CIK:        0000003197
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0000950170-23-006111
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3197/000095017023006111/0000950170-23-006111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3197/000095017023006111/ceco-20230306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-006111

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