secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECHNOLOGIES INC (TTI)
CIK:        0000844965
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0000844965-21-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TETRA Q3 2021 revenue $95M (+30% YoY); adj. EBITDA $15M; net income $2.5M from cont. ops
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- Revenue $95M, +30% YoY; net income before disc. ops $2.5M ($0.02 EPS); adj. EBITDA $15.0M.
- Hurricane Ida & global logistics delayed ~$11M revenue; Q4 completion fluids revenue expected materially higher.
- Water & Flowback adj. EBITDA margin 10.9% (vs 5.3% Q2); record 55 integrated water mgmt projects for 27 customers.
- Term loan reduced $44M YoY to $176M; ABL amended, maturity 2025, no draws; expect $10M+ repayment in Q4.
- Low carbon: second high-purity zinc bromide order shipped; Standard Lithium PEA shows 1.3M tons LCE (+49%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844965/000084496521000014/0000844965-21-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844965/000084496521000014/tti-20211101.htm
  HTML page:      https://secwatch.observer/filing/0000844965-21-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer