secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECHNOLOGIES INC (TTI)
CIK:        0000844965
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0000844965-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TETRA Q4 revenue $147M (+30% YoY); adj. EBITDA $20.3M (+56% YoY); expects significant FCF in 2023
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- Q4 revenue $147M, up 30% YoY; net loss from continuing ops $1.8M; adjusted EPS $0.02.
- Adjusted EBITDA $20.3M, up 56% YoY; Water & Flowback revenue $81M (+52% YoY).
- Acquired Peacocks (North Sea) and Newpark's completion fluids facility (Port Fourchon) to strengthen offshore business.
- Arkansas bromine/lithium: FEED study completed, second well planned, investment bank engaged for JV partners.
- Expects further revenue growth in 2023 on lower capex, targeting significant free cash flow generation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844965/000084496523000008/0000844965-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844965/000084496523000008/tti-20230227.htm
  HTML page:      https://secwatch.observer/filing/0000844965-23-000008

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