FTS International, Inc. (FTSI) Misses Q3 EPS by 11c
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FTS International Announces Third Quarter 2019 Financial and Operational Results
November 4, 2019 4:30 PM ESTFORT WORTH, Texas--(BUSINESS WIRE)-- FTS International, Inc. (NYSE: FTSI) (the Company or FTSI) today reported its financial and operational results for the third quarter of 2019.
Michael Doss, Chief Executive Officer, commented, The pressure pumping market remains oversupplied and ultra-competitive due to higher completions efficiencies and E&P capital discipline. As a result, we are directing our attention toward what we can control including providing outstanding service quality to our customers, intelligently managing our costs, and maintaining strong liquidity. We have conducted a comprehensive cost review and right-sizing of the business for the current... More
