---
schema_version: "secwatch.filing_event.v1"
accession: "0000928054-24-000109"
form_type: "8-K"
ticker: "FTK"
cik: "0000928054"
company_name: "FLOTEK INDUSTRIES INC/CN/"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:44:51.787285+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Flotek Q3 net income doubles to $2.5M, raises 2024 adjusted EBITDA guidance to $16.5-18.5M

## Summary
- Q3 revenue $49.7M (+5% YoY); net income $2.5M ($0.08 EPS) vs $1.3M ($0.04 EPS) YoY.
- Adjusted EBITDA $4.8M, up 43% YoY; eighth consecutive quarterly improvement.
- 2024 adjusted EBITDA guidance raised to $16.5-18.5M (midpoint up 9% from prior).
- Data Analytics revenue up 58% YoY; flare monitoring contributed 25% of segment revenue.
- SG&A reduced 12% YoY; borrowings cut 81% ($6.1M) from year-end 2023.

## SEC filing metadata
- accession: 0000928054-24-000109
- form_type: 8-K
- ticker: FTK
- cik: 0000928054
- company_name: FLOTEK INDUSTRIES INC/CN/
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928054/000092805424000109/0000928054-24-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928054/000092805424000109/usgaap-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928054-24-000109
- JSON: https://secwatch.observer/filing/0000928054-24-000109.json
- Plain text: https://secwatch.observer/filing/0000928054-24-000109.txt

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