Flotek Industries: 1Q Earnings Snapshot
Flotek Industries: 1Q Earnings Snapshot
HOUSTON (AP) _ Flotek Industries Inc. (FTK) on Wednesday reported first-quarter earnings of $33 million.
The Houston-based company said it had profit of 57 cents per share. Losses, adjusted to account for discontinued operations, were 20 cents per share.
The oilfield services company posted revenue of $43.3 million in the period.
The company's shares closed at $3.45. A year ago, they were trading at $3.72.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTK at https://www.zacks.com/ap/FTK