CECO Environmental Corp. (NASDAQ: CECE) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “Top line results were in line, but gross margin and cost controls drove a solid EBITDA beat (+$1.8mm). Management continues to fine tune operations while driving growth 2x end markets (4-5%). While order inquiry remains favorable, bookings hit an air pocket reducing backlog, but it remains near record levels. Overall, it was a solid quarter. Corona likely steals the lead near term, but execution at CECE keeps the company well positioned for speed bumps, growth investment and potential acquisitions.”
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About CECO Environmental Corp.
CECO Environmental is a global leader in air quality and fluid handling serving the energy, industrial and other niche markets. Providing innovative technology and application expertise, CECO helps companies grow their business with safe, clean and more efficient solutions that help protect our shared environment. In regions around the world, CECO works to improve air quality, optimize the energy value chain and provide custom engineered solutions for applications including oil and gas, power generation, water and wastewater, battery production, poly silicon fabrication, chemical and petrochemical processing along with a range of others. CECO is listed on Nasdaq under the ticker symbol “CECE”. For more information, please visit www.cecoenviro.com.
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