U.S. Markets closed

FTS International: 1Q Earnings Snapshot

FORT WORTH, Texas (AP) _ FTS International Inc. (FTSI) on Wednesday reported a loss of $11.7 million in its first quarter.

On a per-share basis, the Fort Worth, Texas-based company said it had a loss of 11 cents. Losses, adjusted for one-time gains and costs, were 9 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The provider of hydraulic fracturing services posted revenue of $151.5 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit 35 cents. A year ago, they were trading at $10.74.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTSI at https://www.zacks.com/ap/FTSI