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Fuel Tech Inc   (FTEK)
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Fuel Tech Inc

FTEK's Financial Statements and Analysis



Fuel Tech Inc increased forth quarter of 2023 net loss per share of $-0.02 compare to net loss per share of $-0.01 recorded in the same quarter a year ago a decrease from $0.01 eps realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ -0.02 $  6 Mill
$-0.01     $-1M     -9.63 %



Fuel Tech Inc 's Revenue fell by -9.63 % in forth quarter of 2023 (Dec 31 2023) year on year, to $6 million and declined by -20.57 % sequentially.


Fuel Tech Inc is

More on FTEK's Income Statement



Fuel Tech Inc 's in theforth quarter of 2023 recorded net loss of $-0.539 million, an increase from net loss of $-0.402 million in IV. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.459 million in the previous quarter.

More on FTEK's Growth

Fuel Tech Inc Inventories
Inventories grew by 11.99 % to $0 million from IV. Quarter a year ago, sequentially inventories rose by 35.08 %. FTEK's Cash flow In the forth quarter of 2023 company's net cash flow was $4 million

More on FTEK's Cash flow Statement


Fuel Tech Inc does not pay out common stock dividend.

In trailing twelve-month period Fuel Tech Inc earned $ 0.02 cash per share, on a free-cash flow basis .

Book value grew by 47.95 % sequentially to $1.42 per share.
Tangible Book value grew to $ 1.34 per share from $ 0.91.

Company repurchased 15.14 million shares or 32.98 % in Dec 31 2023.


More on FTEK's Dividends

 Market Capitalization (Millions) 34
 Shares Outstanding (Millions) 31
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) 27
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 198




Fuel Tech Inc does not pay out common stock dividend.

In trailing twelve-month period Fuel Tech Inc had $ 0.02 cash flow per share, on a free-cash flow basis .

Book value grew by 47.95 % sequentially to $1.42 per share.
Tangible Book value grew to $ 1.34 per share from $ 0.91.

Company repurchased 15.14 million shares or 32.98 % in Dec 31 2023.


More on FTEK's Balance Sheets

 Market Capitalization (Millions) 34
 Shares Outstanding (Millions) 31
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) 27
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 198
   


  News about Fuel Tech Inc Earnings

Concerns Mount as Fuel Tech Inc's Financial Performance Continues to Deteriorate

Fuel Tech Inc (NASDAQ: FTEK) has experienced a downward spiral in its financial performance, which has sparked concerns among investors. The company's fourth-quarter results for 2023 were dismal, with lower turnover leading to a significant drop in revenue and an increased loss. The loss per share jumped to $-0.02, compared to a meager profit of $0.01 in the preceding reporting season.
The year-on-year comparison reveals a worrisome trend, as revenue plummeted by a staggering -9.628% to $6.35 million. In contrast, the company had achieved a revenue of $7.99 million in the same period the previous year. This decline in revenue reflects management's inability to sustain growth and generate substantial prof...

Fuel Tech Inc Holds Steady EPS in Q3 2023 Despite Declining Revenue

As...

Fuel Tech Inc Faces Major Setback as Weak Sales Lead to Significantly Lower Q2 Earnings and Stock Performance

Fuel Tech Inc is a company that specializes in providing cutting-edge technology solutions in the areas of nitrogen oxide (NOx) reduction, particulate matter (PM) control, and advanced engineering services for the global pollution control industry. However, the company experienced a significant loss in the second quarter of 2023, resulting in a decline in stock performance.
During the second quarter earnings season, Fuel Tech Inc reported a loss per share of $-0.03 compared to $-0.01 in the same quarter of the previous year. This represents a further increase in loss from the preceding quarter. The company's revenue also saw a significant decline, dropping by -14.243% to $5.46 million compared to $6.37 m...

Fuel Tech Inc Surprises Investors with Unexpected Outcome in First Quarter of 2023

The first quarter of 2023 has been a mixed bag for the Industrial Machinery and Components company Fuel Tech Inc, with a net loss of $-0.01 per share. However, amidst this unsteady financial performance, there is an optimistic beacon of hope. Despite the loss, the company has recorded a significant surge in revenue by 31.653% to $7.29 million from the first quarter of the previous year when they reported revenue of $7.02 million and $-0.01 per share.
The company's improving revenue trend is a clear indication of their fuel efficiency technology products successfully impacting the market. The company specializes in developing, commercializing, and applying innovative technologies to develop cost-effective...


Date modified: 2024-03-12T09:19:10+00:00





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