Fuel-Tech, Inc. (NASDAQ:FTEK) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 57.14% to $0.03 in the quarter versus EPS of $0.07 in the year-earlier quarter. Revenue Decreased 5% to $26.6 million from the year-earlier quarter.
Fuel-Tech, Inc. reported adjusted EPS income of $0.03 per share. By that measure, the company missed the mean analyst estimate of $0.05. It missed the average revenue estimate of $28.38 million.