TETRA Technologies (TTI) Tops Q4 EPS by 4c; Guides Wider than Expectated Q1 Loss
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TETRA Technologies, Inc. Announces Fourth Quarter And Full Year 2015 Results
February 26, 2016 7:30 AM ESTTHE WOODLANDS, Texas, Feb. 26, 2016 /PRNewswire/ -- TETRA Technologies, Inc. (NYSE: TTI) today announced fourth quarter 2015 adjusted earnings per share of $0.01, excluding Maritech and other charges, which compares to $0.09 per share in the fourth quarter of 2014, also excluding Maritech and other charges. Fourth quarter 2015 revenue of $258 million declined 18% from the fourth quarter of 2014 primarily as a result of a 61% reduction in the North American rig count.
Consolidated GAAP fourth quarter 2015 earnings per share attributable to TETRA stockholders including Maritech and other charges was a loss of $(1.84), which compares to a loss... More
