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Jun 30, 2021
CECO Q2 2021 Earnings Report
Reported growth in backlog and increases in revenue supporting second half momentum.
Key Takeaways
CECO Environmental Corp. reported financial results for the second quarter of 2021, featuring revenue of $78.7 million, gross profit of $25.2 million, operating income of $2.1 million, and net income of $0.3 million. The company also announced a share buyback plan.
Revenue of $78.7 million, compared with $75.2 million
Gross profit of $25.2 million (32.1% margin), compared with $25.8 million (34.3% margin)
Operating income of $2.1 million, compared with $4.4 million
Net income of $0.3 million, compared with $3.3 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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