CECO Environmental Reports Record Q3 Results and Outlines 2027 Financial Outlook
CECO Environmental Corp. (CECO) reported record-breaking third-quarter results, achieving revenue of approximately $404 million and an adjusted EBITDA of $70 million, representing a 17.3% margin. The company's strong performance was supported by significant demand, evidenced by total orders reaching $778 million during the period. Looking ahead, management provided an optimistic long-term outlook for 2027, projecting annual revenue between $2.1 billion and $2.3 billion. This growth trajectory is expected to be driven by accelerating synergies from the Thermon acquisition, positioning the company for sustained scale and profitability.
Tickers: $CECO
Topics: backlog earnings report EBITDA revenue
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