Ceco environmental reports first quarter 2024 results

Reports record first quarter revenue and gross margins, near record backlog reaffirms full year 2024 guidance dallas, april 30, 2024 (globe newswire) -- ceco environmental corp. (nasdaq: ceco) ("ceco"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the first quarter results of 2024. first quarter summary (1) orders of $145.3 million backlog of $389.5 million, up 9 percent revenue of $126.3 million, up 12 percent net income of $1.5 million, down 25 percent; non-gaap net income of $4.0 million, up 11 percent gaap eps (diluted) of $0.04; non-gaap eps (diluted) of $0.11 adjusted ebitda of $13.2 million, up 36 percent free cash flow of $(1.9) million, up $12.6 million (1) all comparisons are versus the comparable prior year period, unless otherwise stated.
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