Ecology & Environment, Inc. (EEI), a New York-based environmental consulting firm, reported a rise in second-quarter net income to $1.9 million or $0.45 per share, from $0.5 million or $0.12 per share in the year-ago quarter.
Meanwhile, consolidated revenues for the quarter declined to $36.2 million from $40.2 million in the prior year. Revenue less subcontract costs was $30.7 million flat with the year-ago quarter.
E & E president and Chief Executive, Kevin Neumaier stated, "With a stabilizing and slow improvement in revenue less subcontracts and some cost reductions, earnings are improving. Over the longer term we are seeing an improvement in our markets."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.