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Re: None

Thursday, 05/09/2019 5:37:53 AM

Thursday, May 09, 2019 5:37:53 AM

Post# of 1776
No such luck on the Buyout. And the earnings in this snapshot seem misleading as I don’t see the .57 anywhere in the company release.


Flotek Industries: 1Q Earnings Snapshot

Associated Press Associated PressMay 9, 2019
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.

_____

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

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