FTEK - Fuel Tech GAAP EPS of $0.01 beats by $0.03 revenue of $8.02M beats by $1.4M

• Fuel Tech press release ( NASDAQ: FTEK ): Q3 GAAP EPS of $0.01 beats by $0.03 .
• Revenue of $8.02M (+6.2% Y/Y) beats by $1.4M .
• “Q3 2022 revenues increased 6.1%, led by higher revenues within our Air Pollution Control ( APC ) business segment. APC revenues through the first nine months of 2022 totaled $7.7 million, exceeding APC revenues for the full year 2021 of $6.9 million. We expect full year 2022 revenues for APC in the range of $11-12 million. Our FUEL CHEM business segment outperformed our expectations and, as a result, we now expect full year 2022 FUEL CHEM revenues in the range of $14-15 million, up from our prior forecast of $13-15 million."

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