TETRA Technologies (TTI) Tops Q3 EPS by 1c

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Go back to TETRA Technologies (TTI) Tops Q3 EPS by 1c

TETRA Technologies, Inc. Announces Third Quarter 2021 Income Before Discontinued Operations Of $2.5 Million And Adjusted EBITDA Of $15.0 Million

November 1, 2021 5:00 PM EDT

THE WOODLANDS, Texas, Nov. 1, 2021 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced third quarter 2021 results.

Third quarter 2021 revenue increased 30% from the same quarter a year ago, to $95 million.  Compared to the second quarter of 2021, revenue declined 7% as the second quarter reflects the seasonal peak in our Europe industrial calcium chloride business. Excluding the $14 million of incremental revenue from this seasonal peak, revenue increased sequentially by 8% on stronger Water & Flowback Services activity.  The Company estimates that third quarter revenue was negatively impacted by... More