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Stock impact report

BRIEF-Flotek Industries Provides Q4 And Operational Update [Reuters]

Flotek Industries, Inc. (FTK) 
Last flotek industries, inc. earnings: 8/7 08:54 pm Check Earnings Report
Company Research Source: Reuters
BRIEF-Flotek Industries Provides Q4 And Operational Update | Reuters Reuters Staff 1 Min Read Jan 16 (Reuters) - Flotek Industries Inc: * FLOTEK INDUSTRIES - PROVIDED UPDATE ON CO‘S COST REDUCTION PROGRAM & GUIDANCE OF PROFITABILITY REGARDING ITS RESULTS FOR 3 MONTHS-ENDED DEC 31, 2017 * FLOTEK INDUSTRIES INC - EXPECTS REVENUE IN ENERGY CHEMISTRY TECHNOLOGIES SEGMENT TO BE IN $54 MILLION - $56 MILLION RANGE FOR 3 MONTHS-ENDED DEC 31, 2017 * FLOTEK INDUSTRIES - EXPECTS REVENUE IN CONSUMER & INDUSTRIAL CHEMISTRY TECHNOLOGIES SEGMENT TO BE IN $17 MILLION - $18 MILLION RANGE FOR 3 MONTHS-ENDED DEC 31, 2017 * FLOTEK INDUSTRIES INC - “WE WILL CONTINUE TO IDENTIFY FURTHER AREAS OF COST CONTROLS IN COMING MONTHS” * FLOTEK INDUSTRIES INC - EXPECT TO GENERATE POSITIVE OPERATING INCOME, EXCLUDING ANY POTENTIAL ONE-TIME CHARGES, IN QUARTER * FLOTEK INDUSTRIES INC - DO ANTICIPATE TAX CONSEQUENCE IN DEFERRED TAX ASSET AS A RESULT OF RECENT CHANGES TO U.S. CORPORATE TAX RATE TO 21 PERCENT Source tex Show less Read more
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