Ceco environmental reports second quarter and year-to-date 2021 results

Dallas, aug. 3, 2021 /prnewswire/ -- ceco environmental corp. (nasdaq: cece), a leading global air quality and fluid handling company serving the energy, industrial and other niche markets, today reported its financial results for the second quarter of 2021. highlights of the second quarter 2021* 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 non-gaap operating income of $4.7 million, compared with $7.4 million  net income of $0.3 million, compared with $3.3 million non-gaap net income of $3.1 million, compared with $5.1 million adjusted ebitda of $6.4 million, compared with $8.2 million bookings of $85.5 million, compared with $60.0 million backlog of $210.0 million, compared with $183.1 million as of december 31, 2020 earnings per diluted share of $0.01, compared with $0.09 non-gaap earnings per diluted share of $0.09, compared with $0.14 bank debt of $68.6 million, compared with $74.0 million as of december 31, 2020 *all comparisons are versus the comparable prior-year period, unless otherwise stated today the company also announced that its board of directors approved a new share repurchase program.
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