secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001437749-21-019314
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech Q2 2021 revenue rises 18.6% to $5.2M; net loss narrows to $0.8M
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- Revenue $5.2M (+18.6% YoY); net loss $0.8M ($0.03/sh) vs $2.5M ($0.10/sh) in Q2 2020.
- FUEL CHEM segment revenue up 71.8% to $4.2M on new TIFI installations and higher power demand.
- APC segment revenue fell to $1.0M from $1.9M due to pandemic project delays.
- Gross margin improved to 49.5% (40% excluding prior-year $1.1M warranty charge).
- Cash $36.6M, no debt; APC backlog $4.9M at June 30, plus $4.5M new contracts in July.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774921019314/0001437749-21-019314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774921019314/ftek20210804_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-019314

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