TETRA Technologies (TTI) Misses Q2 EPS by 1c

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TETRA TECHNOLOGIES, INC. ANNOUNCES SECOND QUARTER 2022 FINANCIAL RESULTS AND LITHIUM AND BROMINE BRINE SAMPLING RESULTS FROM EXPLORATORY WELL

August 1, 2022 5:00 PM EDT

THE WOODLANDS, Texas, Aug. 1, 2022 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced second quarter 2022 financial results and lithium and bromine brine sampling results from the recently completed exploratory well.

Second quarter 2022 revenue of $141 million increased 8% from the first quarter of 2022 and 38% from the second quarter of 2021.  Net income before discontinued operations was $1.8 million, inclusive of $4.9 million of non-recurring charges and expenses.  This compares to net income before discontinued operations of $7.7 million in the first quarter of... More