Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FUEL TECH, INC. reported the fourth quarter ended December 31, 2023 results: revenue $6.3 million, net income $(539,000), EPS $(0.02) per share.
- Period
- the fourth quarter ended December 31, 2023
- Revenue
- $6.3 million
- Net income
- $(539,000)
- EPS
- $(0.02) per share
- Result
- reported results
Exact text from the filing
of DGI. We are targeting to enter into our first commercial contract for DGI in 2024.” Q4 2023 Consolidated Results Overview Consolidated revenues for Q4 2023 declined to $6.3 million from $7.0 million in Q4 2022, with modest declines in both business segments from the prior year. Consolidated gross margin for Q4 2023 rose to 51.1% of revenues from 42.8% of
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
FUEL TECH, INC. reported the full year ended December 31, 2023 results: revenue $27.1 million, net income $(1.5) million, EPS $(0.05) per share.
- Period
- the full year ended December 31, 2023
- Revenue
- $27.1 million
- Net income
- $(1.5) million
- EPS
- $(0.05) per share
- Result
- reported results
Exact text from the filing
EBITDA loss was $(0.6) million in Q4 2023 compared to Adjusted EBITDA loss of $(0.3) million in Q4 2022. 2023 Full Year Overview Consolidated revenues for 2023 rose 1.0% to $27.1 million from $26.9 million in 2022, reflecting the increase in APC revenue partially offset by a decline in FUEL CHEM revenue. Consolidated gross margin for full year 2023 was unchanged
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