---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117926"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:27:17.170859+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CECO Q3 revenue misses on project delays; guides FY24 lower; announces $125M Profire acquisition

## Summary
- Q3 revenue $135.5M (-9% YoY); GAAP EPS $0.06; non-GAAP EPS $0.14 (-36% YoY); net income $2.1M.
- Orders rose 12% to $162.3M; backlog record $437.5M; adjusted EBITDA $14.3M (-5%).
- Completed WK acquisition in early Oct (~$15M rev, high-teen EBITDA margins); announced $125M Profire acquisition (PFIE, ~$60M rev, ~20% EBITDA), close Jan 2025.
- Updated FY2024 guidance: rev $575-600M (prev $600-620M), adj. EBITDA $65-70M (prev $68-72M).
- Introduced FY2025 guidance: rev $700-750M, adj. EBITDA $90-100M, up ~40% at midpoint.

## SEC filing metadata
- accession: 0000950170-24-117926
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000095017024117926/0000950170-24-117926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017024117926/ceco-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117926
- JSON: https://secwatch.observer/filing/0000950170-24-117926.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117926.txt

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