Investment
Features
FeesSafety
Academy
More
Pluang+

CECO Environmental posts 54% revenue jump and raises outlook after Thermon acquisition

Company Fundamentals
10 Aug 2026
Stuart Mooney
View Source
Bullish
pluang ai news

CECO Environmental Corp. reported a strong Q2 with revenue up 54% to $285 million, driven by its recent acquisition of Thermon Group Holdings. New orders surged 191% to $798.5 million, expanding the backlog to over $1.8 billion and prompting an upgraded full-year outlook. Despite a GAAP net loss due to acquisition costs, non-GAAP net income rose 147% to $21.5 million, highlighting core business strength. This performance positions CECO well for continued growth in environmental technology solutions.

More News

Powerfleet Q1 2027 revenue misses estimates but EPS and cash flow improve

Powerfleet Q1 2027 revenue misses estimates but EPS and cash flow improve

Powerfleet reported Q1 fiscal 2027 revenue of $110.8 million, missing analyst expectations of about $115.54 million, though revenue grew 6.4% year over year. The company posted an adjusted loss per share of -$0.01, beating the expected -$0.02, and sh...

Company Fundamentals
Neutral
38 minutes ago
GameSquare Holdings prepares Q2 2026 earnings report amid losses and new growth partnerships

GameSquare Holdings prepares Q2 2026 earnings report amid losses and new growth partnerships

GameSquare Holdings, Inc. is set to release its Q2 2026 earnings, with analysts expecting a loss of $0.03 per share and $17.15 million in revenue. The company faces financial challenges, including a negative P/E ratio and a current ratio below 1, ind...

Company Fundamentals
Neutral
41 minutes ago
Sandisk authorized to repurchase $15.5B of its stock, equal to 8.6% of the company.

Sandisk authorized to repurchase $15.5B of its stock, equal to 8.6% of the company.

Sandisk has received approval to buy back $15.5 billion worth of its own shares, representing 8.6% of the company's total stock. This move signals confidence in the company's value and can potentially increase shareholder returns by reducing the numb...

Company Fundamentals
Bullish
1 hour ago
RBC Capital raises Americold Realty Trust price target to $18 after strong Q2 results.

RBC Capital raises Americold Realty Trust price target to $18 after strong Q2 results.

RBC Capital increased its price target for Americold Realty Trust to $18, indicating a potential 22.49% upside, following the company's strong Q2 performance. Americold exceeded expectations with improved occupancy, pricing, and activity, reporting A...

Analyst Insights
Bullish
1 hour ago
Nutrien maintains strong outlook with strategic shifts despite slight EPS miss, CIBC keeps 'Outperform' rating.

Nutrien maintains strong outlook with strategic shifts despite slight EPS miss, CIBC keeps 'Outperform' rating.

Nutrien reported strong Q2 financials with $2.40 billion adjusted EBITDA and $10.81 billion revenue, though EPS of $2.61 missed estimates. CIBC kept an 'Outperform' rating but lowered the price target slightly to $84 from $85. The company raised its ...

Analyst Insights
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App