TETRA Technologies (TTI) Misses Q1 EPS by 4c
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TETRA Technologies (NYSE: TTI) reports Q1 EPS of $0.28, 4 cents worse than estimates. Revenues were $247.66 million vs. $232 million consensus.
Geoffrey M. Hertel, President & Chief Executive Officer, stated, "The first quarter results were impacted by four primary factors that we believe will continue to create differences between profit levels in 2007 and those reported in 2006. These factors will continue to affect Fluids, WA&D Services, Maritech, and Production Enhancement for much, if not all of 2007."
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