CDT Environmental lowers FY24 revenue view $30.2M-$32.7M from $42.5M-$47M

Based on current visibility, management expects full-year 2024 revenue to be in the range of $30.2 to $32.7 million, with net income in the range of $6.5 to $7.9 million. The change in guidance from the previous range of revenue of $42.5 to $47.0 million and net income of $8.7 to $10.2 million reflects the slowdown in the PRC economy and delay of certain projects.