TETRA Technologies (TTI) Tops Q3 EPS by 10c
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TETRA Technologies, Inc. Announces Third Quarter 2015 Results And Provides Future Financial Guidance
November 6, 2015 7:30 AM ESTTHE WOODLANDS, Texas, Nov. 6, 2015 /PRNewswire/ -- TETRA Technologies, Inc. (NYSE: TTI) today announced third quarter 2015 adjusted earnings per share of $0.17, excluding Maritech and other charges, which compares to adjusted earnings of $0.13 per share in the third quarter of 2014, also excluding Maritech, transaction costs, and other charges.
Consolidated GAAP third quarter 2015 earnings per share attributable to TETRA stockholders including Maritech and other charges were earnings of $0.12, which compares to a loss of $(0.13) in the third quarter of 2014.
Highlights include:
Record third quarter 2015 adjusted EBITDA and... MoreTETRA Technologies, Inc. Announces $125 Million In Unsecured Notes Private Placement With Affiliates Of GSO Capital Partners LP To Refinance Debt And A Cash Tender Offer For Up To $25 Million Of Its 5
November 5, 2015 10:45 PM ESTTHE WOODLANDS, Texas, Nov. 5, 2015 /PRNewswire/ --Â TETRA Technologies, Inc. (NYSE: TTI) announced today that it has entered into a formal agreement with affiliates of GSO Capital Partners LP ("GSO") that will provide TETRA with both liquidity and an additional platform to continue its growth initiatives. TETRA and GSO entered into a Note Purchase Agreement relating to the issuance of $125 million of 11% Senior Notes maturing in seven years. The Senior Notes will be sold to GSO in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended... More
