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Flotek Announces Timing Of Release Of First Quarter 2024 Earnings Results And Conference Call

Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced the Company’s schedule for releasing its first quarter 2024 financial and operating results for the period ended March 31, 2024. The Company plans to release its first quarter 2024 financial and operating results press release after market close on Tuesday, May 7, 2024, and host its earnings conference call on Wednesday, May 8, 2024, at 9:00 a.m. CST (10:00 a.m. EST).

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Flotek Strengthens Executive Leadership Team with the Addition of Amy Blakeway as Senior Vice President, General Counsel

FOR IMMEDIATE RELEASE HOUSTON, March 4, 2024 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has appointed Amy Blakeway as Senior Vice President, General Counsel, effective March 1, 2024. With over a decade of legal experience in the energy sector, Ms. Blakeway brings unique expertise that will further strengthen the leadership team and help advance the Company’s growth strategy to drive market share gains through its differentiated chemistry and data solutions. Ryan Ezell, Chief Executive Officer, said, “I am pleased to welcome Amy as the newest member of our leadership team at an exciting…

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Flotek Reports Third Quarter 2023 Financial Results

Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced operational and financial results for the third quarter ended September 30, 2023, highlighted by significant improvement in all profitability metrics, including net income and the first quarter of positive adjusted EBITDA(1) since the third quarter of 2018. The third quarter results build upon the Company’s financial and operational momentum with nearly all financial metrics showing strong year-over-year growth.

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Flotek bolsters executive leadership team to drive innovation and growth in data analytics segment

HOUSTON, September 20, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced that it has appointed Tom Redlinger as Vice President of its rapidly expanding, high margin Data Analytics segment. The appointment of Mr. Redlinger further strengthens the executive leadership team, while bringing deep energy industry expertise to the Data Analytics business, which supports customers through real-time data, monitoring, and visualization across the energy value chain utilizing the Company’s proprietary JP3 unit. Ryan Ezell, Chief Executive Officer, said, “I am pleased to welcome Tom to the Flotek leadership team. His diverse background and 20 years of…

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Flotek projects achieving financial milestone in third quarter and announces 1-for-6 reverse stock split

HOUSTON, September 14, 2023 - Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced it expects to report positive adjusted EBITDA(1) for the quarter ending September 30, 2023, accelerating its previous estimate of achieving this financial metric before year-end. Reaching positive adjusted EBITDA(1) builds upon the Company’s improvement in its financial results over the last several quarters, highlighted by revenues and gross profit during the first half of 2023 increasing by approximately $56 million and $9 million, respectively, as compared to the first half of 2022. The Company expects that its third quarter 2023 adjusted EBITDA(1) will reflect…

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