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Flotek Industries Announces Timing of Fourth Quarter and Full-Year 2024 Earnings Release; Expects Strongest Quarterly Results of 2024
FTKFlotek(FTK) Prnewswire·2025-01-30 21:02

Financial Results and Announcement - Flotek Industries will release its fourth quarter and full-year 2024 financial and operating results after market close on March 10, 2025 [1][2] - The earnings conference call is scheduled for March 11, 2025, at 9:00 a.m. CST [2] - Participants can access the call via Flotek's website, toll-free telephone, or a provided webcast link [3] - A recording of the call will be available on the Company's website post-conference [3] Company Performance and Strategy - The fourth quarter of 2024 is expected to be the strongest in terms of net income and adjusted EBITDA compared to previous quarters in 2024 [2] - The Company attributes its financial and operational improvements to employee efforts and the execution of its corporate strategy, which focuses on innovative data and chemical solutions [2] Company Overview - Flotek Industries is a chemistry and data technology company specializing in the Energy industry [5] - The Company leverages near real-time data to deliver innovative solutions aimed at maximizing customer returns [5] - Flotek holds over 130 patents and has more than 20 years of field and laboratory data [5] - The Company operates globally in over 59 countries [5] Partnerships and Sustainability - Flotek has established collaborative partnerships focused on sustainable and optimized chemistry and data solutions [6] - These partnerships aim to reduce the environmental impact of energy on land, air, water, and people [6] Non-GAAP Financial Measures - Adjusted EBITDA is a non-GAAP financial measure, and reconciliations to net income are provided in the Company's quarterly earnings releases [4]