earnings
confidence high
sentiment positive
materiality 0.75
TETRA Q2 adj EBITDA $35.9M beats expectations; H1 record $68.1M; FY guide $100-110M
TETRA TECHNOLOGIES INC
2025-Q2 EPS reported
$0.12
revenue$331,012,000
- Revenue $174M, up 11% sequentially; GAAP EPS $0.08, adj EPS $0.09.
- Adjusted EBITDA $35.9M, H1 record $68.1M; base business free cash flow $37.4M.
- Completion Fluids & Products rev $109M, adj EBITDA margin 36.7%; Water & Flowback rev $64M, margin 9.9% (excl $2M non-recurring costs).
- FY2025 guidance: revenue $610-630M, adj EBITDA $100-110M, GAAP net income before taxes $21-34M.
- Arkansas bromine project: $44M invested, online by end-2027; projected incremental adj EBITDA $90-115M annually.
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