CECO Environmental Corp. (NASDAQ: CECO) saw its stock surge 5.16% in pre-market trading on Tuesday following the release of its impressive second-quarter 2025 financial results. The company reported significant growth across key metrics and raised its full-year revenue outlook, demonstrating strong momentum in its business.
For the second quarter, CECO Environmental reported revenue of $185.4 million, up 35% year-over-year and surpassing analyst estimates of $178.7 million. The company's adjusted earnings per share came in at $0.24, beating the consensus estimate of $0.18. Notably, CECO achieved record orders of $274.1 million, a 95% increase from the previous year, while its backlog grew 76% to an all-time high of $688.1 million.
In light of its strong performance, CECO Environmental raised its full-year 2025 revenue outlook to between $725 million and $775 million, up from the previous range of $700 million to $750 million. The company also reaffirmed its adjusted EBITDA guidance of $90 million to $100 million. CEO Todd Gleason expressed confidence in the company's ability to capitalize on opportunities in industrial air, industrial water, and energy transition markets, citing the booking of CECO's largest-ever order for emissions management solutions in a power generation project.
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