---
schema_version: "secwatch.filing_event.v1"
accession: "0000928054-24-000086"
form_type: "8-K"
ticker: "FTK"
cik: "0000928054"
company_name: "FLOTEK INDUSTRIES INC/CN/"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:54:27.153230+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flotek raises 2024 EBITDA guidance to $14-18M; Q2 net income $2.0M vs loss a year ago

## Summary
- Q2 2024 revenue $46.2M, down 9% YoY; net income $2.0M ($0.06 diluted EPS) vs net loss $21K.
- Adjusted EBITDA $4.4M, up $6.4M YoY; raised 2024 adjusted EBITDA guidance to $14-18M (midpoint $16M).
- Chemistry revenue from external customers up 40% sequentially; Data Analytics revenue up 22% sequentially.
- EPA approved JP3 analyzer for flare emission monitoring, unlocking ~$220M annual TAM upstream.
- ABL loan commitment increased 45% to $20M, interest rate spread lowered 0.50%, maturity extended to Aug 2026.

## SEC filing metadata
- accession: 0000928054-24-000086
- form_type: 8-K
- ticker: FTK
- cik: 0000928054
- company_name: FLOTEK INDUSTRIES INC/CN/
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928054/000092805424000086/0000928054-24-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928054/000092805424000086/usgaap-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928054-24-000086
- JSON: https://secwatch.observer/filing/0000928054-24-000086.json
- Plain text: https://secwatch.observer/filing/0000928054-24-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.