TETRA Technologies (TTI) Misses Q1 EPS by 4c, updates first half guidance

TETRA Technologies (NYSE: TTI) reported Q1 EPS of $0.03, $0.04 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $157 million versus the consensus estimate of $161.31 million.

Guidance
\"Given our first quarter performance and strong second quarter outlook, we have increased the lower end of our previously communicated first half 2025 Adjusted EBITDA guidance, and we are now expecting first half 2025 Adjusted EBITDA to be between $57 million and $65 million (previously $55 million to $65 million). We are also revising our revenue guidance to be between $315 million and $345 million (previously $325 million to $355 million) and net income before taxes and discontinued operations to be between $10.5 million and $23.2 million. We expect adjusted net income before taxes and discontinued operations to be between $24 million and $35 million. Attainment of the Adjusted EBITDA guidance for the first half of the year would be near or above a ten-year record for TETRA, which would be achieved despite the uncertain environment the industry is experiencing and does not assume a material deterioration in the overall business environment from the current levels.

For earnings history and earnings-related data on TETRA Technologies (TTI) click here.

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