TETRA Technologies (TTI) Reports Q3 EPS of $0.04, Miss on Revenues

TETRA Technologies (NYSE: TTI) reported Q3 EPS of $0.04, versus $0.00 reported last year. Revenue for the quarter came in at $216.36 million versus the consensus estimate of $218.62 million.

Financial Guidance

We expect total year TETRA only adjusted free cash flow to be between $15 million and $30 million in 2017 as we are accelerating investments in lay flat hose to take advantage of strong demand for water transfer services.

No reconciliation of the forecasted range of TETRA only adjusted free cash flow for the full year 2017 to the nearest GAAP measure is included in this release because the reconciliation would require presenting forecasted information for CSI Compressco that is not publicly disclosed.

For earnings history and earnings-related data on TETRA Technologies (TTI) click here.

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