NasdaqGS:CECOMachinery
Why CECO Environmental (CECO) Raised 2026 Revenue Guidance After a Quarterly Loss
In the first quarter of 2026, CECO Environmental Corp. reported sales of US$205.92 million, up from US$176.70 million a year earlier, but moved from net income of US$35.98 million to a net loss of US$0.40 million, with a basic and diluted loss per share from continuing operations of US$0.01.
Despite this swing to a small quarterly loss, management raised its full-year 2026 revenue outlook to US$940 million–US$1 billion, signalling confidence in stronger demand ahead even as the guidance...