FTS International, Inc. (FTSI) Misses Q1 EPS by 1c, Revenues Beat

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FTS International Announces First Quarter 2021 Financial and Operational Results

May 4, 2021 4:15 PM EDT

FORT WORTH, Texas--(BUSINESS WIRE)-- FTS International, Inc. (NYSE American: FTSI) today reported its financial and operational results for the first quarter of 2021.

Michael Doss, Chief Executive Officer, commented I am incredibly pleased to report that we are back to generating positive adjusted EBITDA as we continue to efficiently and safely provide best-in-class performance to our customers. Our adjusted EBITDA was $7.8 million in the first quarter, a $13 million sequential increase, despite significant operational disruptions from Winter Storm Uri in February.

With the depressed business conditions of 2020 and our financial... More