{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-019122","form_type":"8-K","ticker":"CECO","cik":"0000003197","company_name":"CECO ENVIRONMENTAL CORP","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.785763+00:00","generated_at":"2026-06-15T10:38:34.910112+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CECO Q1 revenue up 22% to $112.6M; record backlog $356.1M; raises FY2023 outlook","bullets":["Orders $146.1M, record backlog $356.1M (+26%), Q1 revenue $112.6M (+22%).","GAAP net income $2.0M ($0.06 diluted EPS); non-GAAP net income $3.6M ($0.10 diluted EPS).","Adjusted EBITDA $9.7M (+$0.2M); free cash flow -$14.5M.","Raises FY2023 revenue guidance to exceed $485M (from $460-485M), adj. EBITDA to exceed $50M (from $45-50M).","Record backlog driven by six acquisitions in past 12 months and strong commercial pipeline."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-019122","json":"https://secwatch.observer/filing/0000950170-23-019122.json","markdown":"https://secwatch.observer/filing/0000950170-23-019122.md","text":"https://secwatch.observer/filing/0000950170-23-019122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3197/000095017023019122/0000950170-23-019122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3197/000095017023019122/ceco-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T10:38:34.910112+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7fa640d67b5d27dd7fdd2deae1a5ce7622499ddb","claim":"CECO ENVIRONMENTAL CORP reported the first quarter ended March 31, 2023 results: revenue $112.6 million, net income $2.0 million, EPS $0.06. Guidance raised.","evidence_excerpt":"Orders of $146.1 million, compared with $160.9 million; Record backlog of $356.1 million, up 26 percent; Record first quarter revenue of $112.6 million, up 22 percent; Net income of $2.0 million, compared with $2.8 million; non-GAAP net income of $3.6 million, compared to $5.0 million • GAAP EPS (diluted) of $0.06, compared with $0.08; non-GAAP EPS (diluted) of $0.10, compared to $0.14 • Adjusted EBITDA of $9.7 million, compared with $9.5 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/3197/000095017023019122/0000950170-23-019122-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$112.6 million"},{"label":"Net income","value":"$2.0 million"},{"label":"EPS","value":"$0.06"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b9a0169c90a32bc0777f6e889ae32fead8903461","claim":"CECO ENVIRONMENTAL CORP updated its full year 2023 guidance (raised).","evidence_excerpt":"Company Raises Full Year 2023 Outlook The Company updated its expected full year 2023 guidance to reflect revenue to exceed $485 million, up at least 15 percent year over year, from a previous range of $460 to $485 million. The Company also updated its expected full year 2023 adjusted EBITDA to exceed $50 million, up more than 18 percent year over year, from a previous range of $45 to $50 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/3197/000095017023019122/0000950170-23-019122-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}