Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Fuel Tech reports Q1 2026 revenue dip but secures $10M in new air pollution control contracts

Company Fundamentals
05 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Fuel Tech, Inc. reported a 5% decline in consolidated revenues to $6.1 million for Q1 2026, driven by lower FUEL CHEM segment sales despite a 23% revenue increase in its Air Pollution Control (APC) segment. The company secured new APC contracts worth approximately $10 million, boosting its backlog to the highest since 2018. Fuel Tech remains optimistic about full-year 2026 prospects, with ongoing progress in its water treatment division and expected engineering work starting in Q2 2026. The company ended the quarter with $30.6 million in cash and equivalents and no long-term debt, though it posted a net loss of $1.4 million for the quarter.

More News

Autonomize boosts leadership to drive AI adoption across healthcare at enterprise scale

Autonomize boosts leadership to drive AI adoption across healthcare at enterprise scale

Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...

Market News
Bullish
1 hour ago
Fairfax completes $10.90/share Kennedy Wilson buyout, gaining majority economic interest.

Fairfax completes $10.90/share Kennedy Wilson buyout, gaining majority economic interest.

Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...

Company Fundamentals
Bullish
1 hour ago
Aya Gold & Silver to join VanEck Gold Miners ETF, boosting visibility and liquidity.

Aya Gold & Silver to join VanEck Gold Miners ETF, boosting visibility and liquidity.

Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...

Company Fundamentals
Bullish
2 hours ago
Nephros highlights ultrafiltration tech to tackle microplastic risks in drinking water after EPA prioritizes contaminants.

Nephros highlights ultrafiltration tech to tackle microplastic risks in drinking water after EPA prioritizes contaminants.

Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...

Market News
Bullish
2 hours ago
Shipping traffic through Strait of Hormuz may take weeks to normalize despite US-Iran deal

Shipping traffic through Strait of Hormuz may take weeks to normalize despite US-Iran deal

After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...

Market News
Neutral
2 hours ago
banner-footerbanner-footer

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