CECO updates FY2026 guidance post-Thermon acquisition; revenue $1.275-1.375B

CECO ENVIRONMENTAL CORP

Thermon deal closed June 1, 2026; integration on track with no operating issues.
FY2026 revenue guidance $1.275B-$1.375B (midpoint +20% YoY); Adj. EBITDA $195M-$225M (+25%).
Targeting at least $40M in cost synergies; FCF at least 55% of Adj. EBITDA.
Legacy CECO orders set records in early June; strong demand in power, data centers, semis.
Conference call June 9 at 8:30am ET to discuss combination and integration.

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