Flotek Industries (FTK) Reports In-Line Q3 EPS
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Flotek Industries, Inc. Announces Third Quarter, 2015 Financial And Operating Results And Conference Call Information
October 21, 2015 4:05 PM EDTHOUSTON, Oct. 21, 2015 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) ("Flotek" or the "Company") today announced results for the three months ended September 30, 2015.
As reported on Form 10-Q filed with the U.S. Securities and Exchange Commission, Flotek reported that revenue for the three months ended September 30, 2015, was $87.9 million compared to $116.8 million for the three months ended September 30, 2014, and $87.0 million for the second quarter of 2015. Third quarter, 2015 revenue increased 1.0% sequentially but decreased 24.7% when compared to the same period in 2014. The decrease in year-over-year revenue was driven by the steep decline... More
