Fuel Tech, Inc. (FTEK) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate . This compares to break-even earnings per share a year ago.
Here is how Fuel Tech, Inc. (FTEK) and Helios Technologies (HLIO) have performed compared to their sector so far this year.
Does Fuel Tech, Inc. (FTEK) have what it takes to be a top stock pick for momentum investors? Let's find out.
| Electrical Equipment Industry | Industrials Sector | Vincent J. Arnone CEO | XMUN Exchange | US3595231073 ISIN |
| US Country | 72 Employees | - Last Dividend | - Last Split | 7 Sep 1993 IPO Date |
Fuel Tech, Inc. is an innovative company dedicated to providing advanced technological solutions aimed at optimizing boiler operations, enhancing efficiency, and offering superior air pollution reduction and control methods. Serving utility and industrial customers across the globe, Fuel Tech is segmented into two primary operational areas: Air Pollution Control Technology and FUEL CHEM Technology. Since its inception in 1987, the company has established a strong presence in Warrenville, Illinois, where it is headquartered, cementing its status as a leader in air quality and energy efficiency solutions.
This segment highlights Fuel Tech's offerings aimed at reducing nitrogen oxide (NOx) emissions in flue gas from various stationary combustion sources such as boilers, incinerators, and furnaces. Their technology solutions include NOxOUT and HERT selective non-catalytic reduction systems, selective catalytic reduction systems with features such as ammonia injection grid and graduated straightening grid systems, I-NOx systems, ESP Processes and Services, ULTRA technology, and flue gas conditioning systems. By leveraging these technologies, customers can significantly mitigate air pollutants emanating from combustion processes.
The FUEL CHEM Technology segment offers an array of programs designed to enhance the efficiency, reliability, fuel flexibility, and environmental performance of combustion units. These programs effectively manage issues related to slagging, fouling, corrosion, opacity, and the formation of harmful emissions like sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide. Utilizing TIFI targeted in-furnace injection technology, Fuel Tech helps clients in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating sectors to optimize their operations and comply with environmental regulations. The segment underscores Fuel Tech's commitment to operational excellence and sustainability in energy production and waste management.