Fuel Tech Reports Q2 2025 Financial Results
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Fuel Tech Inc (FTEK) reported its Q2 2025 financial results, showing a decline in revenues to $5.6 million from $7.0 million year-over-year. However, gross margin improved to 45.5%. The company remains optimistic about its FUEL CHEM® and Air Pollution Control (APC) segments, despite a revenue decline in APC due to project timing. Fuel Tech has $31 million in cash and no long-term debt, and is pursuing new contracts, particularly in the data center market. Management is confident in improved performance for the second half of the year.
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