Apr. 29 at 11:23 AM
$CECO Ceco Environmental reports Q1 non-GAAP EPS 10c, consensus 9c
Reports Q1 revenue
$176.7M, consensus
$151.53M. Todd Gleason, CECO's Chief Executive Officer commented, "We started 2025 with outstanding first quarter record orders of
$228 million, which helped drive new record levels of backlog and revenue for the company. This is a powerful statement on the strength of our well-positioned portfolio, which is closely aligned to key long-term growth themes of industrial manufacturing reshoring, electrification, power generation, natural gas infrastructure, and industrial water investments.
This marks the second consecutive quarter with bookings greater than
$200 million, which has enabled our backlog to exceed
$600 million for the first time in Company history. With our order pursuit pipeline now over
$5 billion, we remain highly confident in our continued growth outlook."
cc: @RonIsWrong
