CECO Environmental Reports Record Q1 Orders and Raised Full-Year Guidance
CECO Environmental reported record Q1 orders of $449 million, a 97% increase YoY, and a backlog of $1.035 billion. The company also raised its full-year 2026 revenue guidance to $940M–$1.0B and adjusted EBITDA guidance to $120M–$140M. The Thermon acquisition is expected to close in early June.
Tickers: $CECO
Topics: acquisition backlog earnings guidance orders revenue