Flotek Industries: 2Q Earnings Snapshot
HOUSTON (AP) _ Flotek Industries Inc. (FTK) on Wednesday reported a loss of $14.6 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 25 cents. Losses, adjusted to account for discontinued operations and non-recurring costs, came to 21 cents per share.
The oilfield services company posted revenue of $34.7 million in the period.
The company’s shares closed at $2.93. A year ago, they were trading at $2.91.