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Tetra Technologies: 1Q Earnings Snapshot

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THE WOODLANDS, Texas (AP) _ Tetra Technologies Inc. (TTI) on Thursday reported a loss of $10.8 million in its first quarter.

On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 9 cents. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 4 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The oil and gas services company posted revenue of $243.7 million in the period, which also missed Street forecasts. Seven analysts surveyed by Zacks expected $255 million.

The company's shares closed at $2.13. A year ago, they were trading at $4.29.

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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 TTI at https://www.zacks.com/ap/TTI