CECO Environmental Corp. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - CECO

NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of CECO Environmental Corp. ("CECO Environmental Corp.") (NASDAQ:CECO) concerning possible violations of federal securities laws.

On October 29, 2024, CECO issued a press release announcing its financial results for the third quarter of 2024. Among other items, CECO reported non-GAAPP earnings per share of $0.14, missing consensus estimates by $0.06, and revenue of $135.51 million, representing a 9.3% decline year-over-year and missing consensus estimates by $20.43 million. In the press release, CECO 's Chief Executive Officer stated that "[w]e were disappointed that we fell short of the anticipated quarterly revenue and income outlook as a handful of customer-driven delays in larger projects could not be overcome by continued progress with margin expansion and other actions."

Following this news, CECO 's stock price fell over 14% on the same day. To obtain additional information, go to:

https://zlk.com/pslra-1/ceco-environmental-corp-lawsuit-submission-form?prid=110931&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE:Levi & Korsinsky, LLP

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