CECO Q1 2023 Earnings — CECO Environmental Corp. Revenue & Financial Results | Market Cap Arena

CECOCECO Environmental Corp.

$2B

Q1 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$113M+21.8% YoY

Gross Profit

$35M31.0% margin

Operating Income

$5M4.9% margin

Net Income

$2M1.8% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$15M

Stock-Based Comp.

$806,000

Balance Sheet

Total Assets

$568M

Total Liabilities

$345M

Stockholders' Equity

$217M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$92M	+21.8%
Gross Profit	$35M	$26M	+32.0%
Operating Income	$5M	$5M	+5.0%
Net Income	$2M	$3M	-29.2%