secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECHNOLOGIES INC (TTI)
CIK:        0000844965
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0000844965-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TETRA Q1 2022 revenue $130M (+68% YoY), net income $7.7M, adjusted EBITDA $20.5M
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- Revenue $130M (+68% YoY, +15% QoQ); net income $7.7M vs Q4 loss $703k.
- EPS $0.06 vs Q4 loss $0.01; adj EBITDA $20.5M (+57% QoQ).
- E.Hemisphere adj EBITDA highest since Q2 2015; Water/Flowback margin 14.5% highest since Q3 2019.
- Completed Arkansas brine well for bromine/lithium; awarded Argentina facility; shipping PureFlow to Eos.
- Cash from ops $5.9M; adj free cash flow use $2.9M on $12.3M AR increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844965/000084496522000017/0000844965-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844965/000084496522000017/tti-20220502.htm
  HTML page:      https://secwatch.observer/filing/0000844965-22-000017

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