Flotek Industries: Q4 Earnings Snapshot
HOUSTON (AP) _ Flotek Industries Inc. (FTK) on Wednesday reported a loss of $16.2 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had a loss of 22 cents. Losses, adjusted for asset impairment costs, were 11 cents per share.
The oilfield services company posted revenue of $12.2 million in the period.
For the year, the company reported that its loss narrowed to $30.5 million, or 42 cents per share. Revenue was reported as $43.3 million.