Ceco environmental reports third quarter 2022 results

Strong orders, revenue and income growth; updates to 2022 outlook and introduces 2023 outlook dallas , nov. 7, 2022 /prnewswire/ -- 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 third quarter of 2022. highlights for the quarter (1) orders of $101.7 million, up 10 percent; backlog of $277.7 million, up 27 percent revenue of $108.4 million, up 36 percent net income of $1.9 million, up $3.1 million; non-gaap net income of $7.1 million, up $6.6 million adjusted ebitda of $9.2 million, up 156 percent company increases full year financial outlook; company introduces full year 2023 financial outlook (1) all comparisons are versus the comparable prior year period, unless otherwise stated.reconciliations of gaap (reported) to non-gaap measures are in the attached financial tables.
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