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American Electric Technologies Inc (AETI.OQ)

AETI.OQ on NASDAQ Stock Exchange Capital Market

0.81USD
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

JCH Crenshaw Holdings Commences Lawsuit Against American Electric Technologies To Enforce Rights As Sole Preferred Shareholder - SEC Filing
Wednesday, 22 Aug 2018 

Aug 21 (Reuters) - American Electric Technologies Inc ::JCH CRENSHAW HOLDINGS - COMMENCED LAWSUIT AGAINST AMERICAN ELECTRIC TECHNOLOGIES TO ENFORCE ITS RIGHTS AS SOLE PREFERRED SHAREHOLDER - SEC FILING.JCH CRENSHAW HOLDINGS- UPON LIQUIDATION EVENT BY AMERICAN ELECTRIC TECHNOLOGIES, JCH ENTITLED TO RECEIVE LIQUIDATION PREFERENCE, PLUS UNPAID DIVIDENDS.JCH CRENSHAW HOLDINGS- ON AUG 17, JCH MADE WRITTEN DEMAND TO AMERICAN ELECTRIC TECHNOLOGIES FOR DISTRIBUTION OF ITS LIQUIDATION PREFERENCE.JCH CRENSHAW HOLDINGS- AMERICAN ELECTRIC TECHNOLOGIES REJECTED ASSERTION THAT SALE OF DOMESTIC-BASED OPERATIONS OF M&I CONSTITUTED LIQUIDATION EVENT.  Full Article

AETI Q2 Loss Per Share From Consolidated Operations $0.23
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - American Electric Technologies Inc ::AETI ANNOUNCES Q2 RESULTS.AMERICAN ELECTRIC TECHNOLOGIES INC QTRLY REVENUE, WHICH RELATED TO ITS BRAZILIAN SUBSIDIARY, OF $2.1 MILLION, UP 56%.AMERICAN ELECTRIC TECHNOLOGIES INC QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.01.AMERICAN ELECTRIC TECHNOLOGIES INC QTRLY LOSS PER SHARE FROM CONSOLIDATED OPERATIONS $0.23.  Full Article

American Electric Technologies's M&I Electric Business Awarded $3 Mln Contract
Wednesday, 20 Jun 2018 

June 20 (Reuters) - American Electric Technologies Inc ::AMERICAN ELECTRIC TECHNOLOGIES - CO'S M&I ELECTRIC BUSINESS AWARDED $3 MILLION CONTRACT FOR A NEW NORTH AMERICA-DEPLOYED OFFSHORE DRILLING PLATFORM.  Full Article

Aeti Q1 Revenue $8.3 Million
Tuesday, 15 May 2018 

May 15 (Reuters) - American Electric Technologies Inc ::AETI ANNOUNCES Q1 RESULTS.Q1 REVENUE $8.3 MILLION.AMERICAN ELECTRIC TECHNOLOGIES - CO REPORTED A 32% IMPROVEMENT IN BACKLOG, UP FROM YEAR ENDING BACKLOG OF $18.9 MILLION TO $24.9 MILLION IN Q1.  Full Article

Aeti Reports Qtrly Earnings Per Share $0.26
Thursday, 29 Mar 2018 

March 29 (Reuters) - American Electric Technologies Inc ::AETI REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.Q4 REVENUE ROSE 37 PERCENT TO $12.9 MILLION.QTRLY EARNINGS PER SHARE $0.26.QUARTER ENDING BACKLOG OF $18.9 MILLION, DOWN 20% FROM $23.5 REPORTED AT END OF Q3 OF 2017.  Full Article

American Electric qtrly ‍loss per share $0.13​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - American Electric Technologies Inc : :American Electric Technologies Inc - ‍AETI announced revenue for quarter of $13.3 million, up 52% from $8.7 million reported in Q3 of 2016​.American Electric Technologies - ‍during quarter, company's business operations in Houston and Beaumont Texas were adversely impacted by hurricane Harvey​.American Electric Technologies Inc - ‍negative revenue impact of $2.5 million in quarter due to hurricanes​.American Electric Technologies Inc qtrly ‍loss per share $0.13​.American Electric Technologies Inc - ‍company reported quarter ending backlog of $23.5 million, up 3% from $22.7 reported at end of Q2 of 2017​.  Full Article

BRIEF-Aeti Reports Qtrly Earnings Per Share $0.26

* QUARTER ENDING BACKLOG OF $18.9 MILLION, DOWN 20% FROM $23.5 REPORTED AT END OF Q3 OF 2017 Source text for Eikon: Further company coverage: