Midwest Energy Emissions Corp. Provides Revenue Guidance for the Fourth Quarter and Full Year Ended December 31, 2016; Reiterates Revenue Guidance for the Full Year 2017
February 13, 2017 at 04:01 am EST
Midwest Energy Emissions Corp. expects total revenues for the fourth quarter of 2016 to be in excess of $7.8 million, an increase of at least 29% when compared to revenue of $6.1 million in the fourth quarter of 2015.
The Company expects total revenues for 2016 to be in excess of $32.3 million, an increase of at least 156% when compared to revenue of $12.6 million in 2015.
For the full year ending December 31, 2017, the Company reiterates expected revenues of between $60 to $70
million, based on current power demand forecasts and plant projections.