Flotek Industries Q1 2023 Earnings Report

Flotek Industries EPS Results

• Actual EPS: -$0.96
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Flotek Industries Revenue Results

• Actual Revenue: $48.01 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Flotek Industries Announcement Details

• Quarter: Q1 2023
• Date: 5/8/2023
• Time: N/A

Flotek Industries (NYSE:FTK) operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers, as well as green specialty chemistries, and logistics and technology services. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. Flotek Industries, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.