Ceco environmental reports first quarter 2025 results

Numerous financial records reflect strength of well-positioned portfolio company maintains full year outlook addison, texas, april 29, 2025 (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 of 2025. first quarter summary (1) orders of $227.9 million, up 57 percent backlog of $602.0 million, up 55 percent revenue of $176.7 million, up 40 percent gross profit margin of 35.2 percent; gross margin of $68.0 million, up 28 percent net income of $36.0 million; non-gaap net income of $3.5 million gaap eps (diluted) of $0.98; non-gaap eps (diluted) of $0.10 adjusted ebitda of $14.0 million, up 6 percent free cash flow of $(15.1) million, down $13.2 million (1) all comparisons are versus the comparable prior year period, unless otherwise stated.
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