TETRA Technologies, Inc. Announces Second Quarter Results And Provides Update To Total Year Guidance
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August 13, 2018 8:34 AM EDT
Credit Suisse analyst Jacob Lundberg raised the price target on TETRA Technologies Inc. (NYSE: TTI) to $6.00 (from $5.00) while maintaining a Outperform rating.
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August 13, 2018 7:52 AM EDT
RBC Capital analyst Kurt Hallead raised the price target on TETRA Technologies Inc. (NYSE: TTI) to $6.00 (from $5.00) while maintaining a Sector Perform rating.
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August 9, 2018 7:33 AM EDT
TETRA Technologies (NYSE: TTI) reported Q2 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $260.07 million versus the consensus estimate of $238.17 million.
Stuart M. Brightman, TETRA's Chief Executive Officer, stated, "We are very pleased with the accelerated rate of improvement as each segment saw a material sequential improvement in revenue and adjusted EBITDA. Our strong presence in the US onshore markets, aided by the recent acquisition of SwiftWater, is meaningfully impacting our results. We are seeing better pricing and stronger equipment utilization in each of our... More
