TETRA Technologies, Inc. Announces Third Quarter 2019 Results

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Go back to TETRA Technologies, Inc. Announces Third Quarter 2019 Results

TETRA Technologies (TTI) Misses Q3 EPS by 2c, Revenues Miss

November 7, 2019 7:07 AM EST

TETRA Technologies (NYSE: TTI) reported Q3 EPS of ($0.02), $0.02 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $245.95 million versus the consensus estimate of $276 million.

"Our Completion Fluids & Products Division continues to experience high demand for our services and products in domestic and most international offshore markets, with favorable product mix and pricing improvements that is reflected in the Division\'s income before taxes of $11.3 million. In the second quarter of this year we signed a contract to provide TETRA CS Neptune® completion fluids for an ultra-deepwater Gulf of... More