secwatch.observer — SEC 8-K summary
======================================

Issuer:     CECO ENVIRONMENTAL CORP (CECO)
CIK:        0000003197
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0001193125-25-252209
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CECO Q3 revenue $197.6M (+46% YoY); Adj EBITDA $23.2M (+62%); introduces 2026 outlook
--------------------------------------------------------------------------------

- Q3 revenue $197.6M (+46% YoY); orders $232.9M (+44%); backlog $719.6M (+64%).
- GAAP EPS $0.04; non-GAAP EPS $0.26; Adj EBITDA $23.2M (+62%); free cash flow $19.0M (+71%).
- Maintains FY2025 revenue $725-775M (~35% growth midpoint) and Adj EBITDA $90-100M.
- Introduces FY2026 outlook: revenue $850-950M (~20% growth midpoint); Adj EBITDA $110-130M.
- Sales pipeline >$5.8B; completed acquisitions and divested Global Pumps in early 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3197/000119312525252209/0001193125-25-252209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3197/000119312525252209/ceco-20251028.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-252209

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer