secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECHNOLOGIES INC (TTI)
CIK:        0000844965
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0000844965-24-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TETRA reports Q4 revenue $153M, Adj EBITDA up 19% YoY; highlights lithium resource milestone
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- Q4 revenue $153.1M (+4% YoY); net loss $4.2M but adjusted net income $3.8M ($0.03/sh).
- Full year 2023 income from continuing ops $25.5M (+235%); Adj EBITDA $106.8M (+37%).
- Liquidity >$200M after term loan refinancing; net leverage 1.13x.
- Arkansas Evergreen Brine Unit approved; lithium resource 22 tons/acre (highest U.S. brine reported).
- Eos expanded partnership; TETRA to supply min. 75% of electrolyte demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844965/000084496524000018/0000844965-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844965/000084496524000018/tti-20240227.htm
  HTML page:      https://secwatch.observer/filing/0000844965-24-000018

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