Flotek Industries (FTK) Misses Q2 EPS by 6c
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Flotek Industries, Inc. Announces Second Quarter 2017 Results
August 1, 2017 5:00 PM EDTHOUSTON, Aug. 1, 2017 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced results for the three-months ended June 30, 2017.Â
Highlights
Revenue expanded 7% sequentially to $85.2 million and up 33% year-over-year. Domestic Complex nano-Fluid® (CnF®) volumes rose 6% and revenues were up 8% sequentially from first quarter 2017, and were up 49% and 62%, respectively, from the same period last year. Domestic CnF® volumes set a Company quarter record in the second quarter 2017. Adjusted Earnings Before Interest, Taxes,... More