Advanced Emissions Solutions, Inc. (NASDAQ:ADES) is reporting third quarter financial results on Monday 9th November 2020, after market close.
Previous Quarter Performance
Advanced Emissions Solutions, Inc. unwinded income for the second quarter of $ 0.13 per share, from the revenue of $ 11.48 million. The quarterly earnings declined 70.45 percent while revenues reduced 26.32 percent compared with the same quarter last year. Street analysts expected $ 17.71 million. The top line results fell short of analysts by $ 6.23 million or 35.18 percent.
Stock Performance
On Friday, shares of Advanced Emissions Solutions, Inc. has traded high as $ 4.61 and has cracked $ 4.41 on the downward trend, reaching $ 4.50 with volume of 48.00 thousand shares.
According to the previous trading day, closing price of $ 4.50, representing a 30.11 % increase from the 52 week low of $ 3.52 and a 65.09 % decrease over the 52 week high of $ 13.12.
The company has a market capital of $ 83.52 million and is part of the Industrials sector and Pollution & Treatment Controls industry.
Advanced Emissions Solutions, Inc., together with its subsidiaries, provides emission reduction technologies and specialty chemicals in the United States. It operates through two segments, Refined Coal; and Power Generation and Industrials. The company offers CyClean technology, a pre-combustion coal treatment process to enhance combustion, as well as to reduce emissions of nitrogen oxide and mercury from coals burned in cyclone boilers; and M-45 and M-45-PC technologies, which are pre-combustion coal treatment technologies used to control emissions from circulating fluidized bed boilers and pulverized coal boilers.
