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Flotek's Data Analytics Becomes a Key Revenue Growth Driver
ZACKS· 2025-06-30 14:25
Key Takeaways Flotek's Data Analytics revenues jumped 57% in Q1, driven by rising demand for monitoring solutions. Data Analytics now relies heavily on long-term service contracts, boosting margin stability for FTK. Management expects Data Analytics to contribute over half of FTK's total profitability by 2026.Flotek Industries’ (FTK) Data Analytics segment is rapidly becoming the driving force of the company's future. In Q1 2025, revenues from Data Analytics surged by 57% year over year. This impressive g ...
Flotek(FTK) - 2025 Q1 - Earnings Call Transcript
2025-05-07 15:02
Flotek Industries (FTK) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Michael Critelli - Director of Finance & Investor RelationsRyan Ezell - Chief Executive OfficerBond Clement - Chief Financial OfficerJosh Jayne - Managing Director Conference Call Participants Donald Crist - Senior Research AnalystJeff Grampp - Managing Director - Senior Research AnalystGerry Sweeney - Managing Director, Senior Research AnalystGowshi Sriharan - Analyst Operator Good morning, ladies and gentlemen, and ...
Flotek(FTK) - 2025 Q1 - Earnings Call Transcript
2025-05-07 15:00
Flotek Industries (FTK) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Flotek Industries First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Wednesday, 05/07/2025. I would now like to turn the conference over to Michael Crotelli, Director of Finance and Investor Relations. Please go ah ...