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Stock impact report

Flotek Industries provides Q4 update [Seeking Alpha]

Flotek Industries, Inc. (FTK) 
Last flotek industries, inc. earnings: 8/7 08:54 pm Check Earnings Report
Company Research Source: Seeking Alpha
Flotek Industries provides Q4 updateSG&A costs, excluding non-cash compensation expenses, areexpected to be near the low end of the $15M-$16M guidance range provided on last quarter's conference call.Flotek (NYSE:FTK) anticipates its revenues in its Energy Chemistry Technologies segment to be in the $54M-$56M range and in its Consumer and Industrial Chemistry Technologies segment to be in the $17M-$18M."While we are still in the process of finalizing and reviewing our fourth quarter financials... we do anticipate a tax consequence in our deferred tax asset as a result of the recent changes to the U.S. corporate tax rate to 21%," said CEO John Chisholm.Click to subscribe to real-time analytics on FTKNow read:Bargain Bin: U.S. Energy Equipment And Services Sector » Show less Read more
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