TETRA Technologies (TTI) Misses Q1 EPS by 1c, Revenues Beat
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TETRA Technologies, Inc. Announces First Quarter 2021 Results
May 4, 2021 7:30 AM EDTTHE WOODLANDS, Texas, May 4, 2021 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced first quarter 2021 results.
First quarter 2021 revenue was $77 million, a sequential increase of 2% over the fourth quarter of 2020. Net loss before discontinued operations was $11.9 million, inclusive of $6.6 million of non-recurring charges and expenses. This compares to a net loss before discontinued operations of $7.1 million in the fourth quarter, inclusive of $3.4 million of non-recurring charges and expenses. Net income per share attributable to TETRA stockholders in the first quarter was $0.86, which includes a $121 million gain following the... More
