---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-006565"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2025-01-17T23:59:59+00:00"
generated_at: "2026-05-27T23:32:50.853405+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CECO misses 2024 revenue/EBITDA guidance; Q4 bookings record, Verantis closed, Fluid Handling divestiture planned

## Summary
- Preliminary 2024 revenue $555-$558M (prior guidance $575-$600M); Adjusted EBITDA $62-$63M (prior $65-$70M).
- Q4 2024 bookings at or above $210M, setting new record; backlog at highest-ever level.
- Completed acquisition of Verantis in late Dec 2024; annualized sales ~$45M, accretive margins.
- Announced intent to divest Fluid Handling business expected late Q1 2025; proceeds to pay down debt.
- 2025 full year outlook reaffirmed: revenue $700-$750M (up ~30% YoY), Adjusted EBITDA $90-$100M (up ~50% YoY).

## SEC filing metadata
- accession: 0000950170-25-006565
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2025-01-17T23:59:59+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/3197/000095017025006565/0000950170-25-006565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000095017025006565/ceco-20250116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-006565
- JSON: https://secwatch.observer/filing/0000950170-25-006565.json
- Plain text: https://secwatch.observer/filing/0000950170-25-006565.txt

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