TETRA Technologies (TTI) Reports In-Line Q4 EPS
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TETRA TECHNOLOGIES, INC. ANNOUNCES FOURTH QUARTER AND TOTAL YEAR 2021 RESULTS AND PROVIDES UPDATE ON LOW CARBON ENERGY INITIATIVES
February 28, 2022 4:30 PM ESTTHE WOODLANDS, Texas, Feb. 28, 2022 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced fourth quarter and full year 2021 results.
Fourth Quarter Results
Fourth quarter 2021 revenue of $113 million increased 19% from the third quarter of 2021 and 50% from the fourth quarter of 2020. Net loss before discontinued operations was $703,000, including the benefit of $4.6Â million from the net gain on the sale of TETRA's equity ownership in Standard Lithium Ltd. ("Standard Lithium") and $3.2Â million unrealized mark-to-market losses from TETRA's equity ownership in CSI Compressco LP ("CSI Compressco"), and the... More
