TETRA Technologies (TTI) Tops Q1 EPS by 1c

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Go back to TETRA Technologies (TTI) Tops Q1 EPS by 1c

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2022 FINANCIAL RESULTS WITH EPS OF $0.06, NET INCOME OF $7.7 MILLION AND ADJUSTED EBITDA OF $20.5 MILLION

May 2, 2022 5:00 PM EDT

THE WOODLANDS, Texas, May 2, 2022 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI) today announced first quarter 2022 results.

First quarter 2022 revenue of $130 million was up 68% year on year and up 15% sequentially from the fourth quarter of 2021. Net income before discontinued operations was $7.7 million, including the benefit of $1.1 million of mark-to-market gains from TETRA's equity ownership in CSI Compressco LP and including $564,000 of non-recurring credits, net of charges. This compares to a net loss before discontinued operations of $703,000 in the... More