Flotek Industries (FTK) Tops Q2 EPS by 5c

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Flotek Industries, Inc. Announces Second Quarter, 2015 Financial And Operating Results And Conference Call Information

July 22, 2015 4:10 PM EDT

HOUSTON, July 22, 2015 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") today announced results for the three months ended June 30, 2015.

As reported on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek reported that revenue for the three months ended June 30, 2015, was $87.0 million compared to $105.3 million for the three months ended June 30, 2014 and $82.4 million for the first quarter of 2015. Second quarter, 2015 revenue increased 5.6% sequentially but decreased 17.4% when compared to the same period in 2014. The decrease in year-over-year revenue was driven by the steep decline... More