TETRA Technologies Q1 revenue up 12% YoY to $146M; EPS $0.05; guides Q2 revenue $165-175M

TETRA TECHNOLOGIES INC

2023-Q1 EPS reported $0.05 revenue$146,209,000

Revenue $146M, +12% YoY; EPS $0.05 vs loss $0.01 in Q4 2022.
Adjusted EBITDA $20.6M (14.1% of revenue), up slightly YoY; free cash flow use of $3.7M.
Completion Fluids & Products revenue $69M, margin 26.1%; Water & Flowback revenue $77M, margin 16.7%.
Q2 guidance: revenue $165-175M, Adj. EBITDA $27-30M; expects highest Completion Fluids revenue in over 7 years.
Signed agreement to expand Brazil completion fluids capacity; closing expected Q2 2023 subject to approvals.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TETRA TECHNOLOGIES INC reported first quarter 2023 results: revenue $146 million, net income $6.0 million, EPS $0.05.

Period: first quarter 2023
Revenue: $146 million
Net income: $6.0 million
EPS: $0.05
Result: reported results

Exact text from the filing

TETRA TECHNOLOGIES, INC. ANNOUNCES FIRST QUARTER 2023 REVENUE OF $146 MILLION AND EPS OF $0.05

View on SEC.gov

Browse all earnings releases →

TETRA TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001628280-23-014632

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.