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Fuel Tech reports 17% revenue growth in Q2 2026 but posts a $1.2M net loss, CEO transition announced.

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bullish
Fuel Tech reports 17% revenue growth in Q2 2026 but posts a $1.2M net loss, CEO transition announced.

Fuel Tech, Inc. reported a 17% increase in revenues to $6.5 million for Q2 2026, driven by strong performance in its FUEL CHEM and Air Pollution Control segments. Despite higher revenues, the company posted a net loss of $1.2 million, attributed to lower gross margins and increased costs. The Air Pollution Control backlog more than doubled to $17 million, signaling future growth opportunities. CEO Vincent J. Arnone will be succeeded by Ramesh Nuggihalli on August 10, 2026, as the company prepares for continued development and expansion.

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Traders bet $7 billion on TLT, a long-term Treasury bond ETF, anticipating a rare "jackpot mode" despite its recent losses.

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HIVE Digital Technologies partners with ProCogia to offer AI solutions, expanding Canadian AI infrastructure and global reach.

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