Highest-materiality recent filing
TETRA Q2 2026 revenue $185.7M, adj. EBITDA $31.9M, Arkansas bromine FID approved
Revenue $185.7M (+19% seq, +7% YoY); income from continuing ops $10.2M; adjusted EBITDA $31.9M (+24% seq).
TETRA enters construction MSA for Phases 2/3 of Arkansas bromine project; $95M expected cost
Subsidiary TETRA Bromine Project LLC signed MSA with Diversified Construction & Design for construction of Phases 2 and 3.
TETRA Technologies prices 10.8M share offering at $9.25/sh; net proceeds ~$94M for bromine project
Pricing of 10,810,811 shares at $9.25/sh; underwriters' over-allotment option exercised in full for additional ~$15M.
Public offering of $100M common stock; underwriters granted 30-day option for additional $15M.
TETRA Q1 revenue $156.3M, Adjusted EBITDA $25.6M, EPS $0.06; maintains FY guidance
Revenue $156.3M; income from continuing ops $8.3M; adjusted EBITDA $25.6M; EPS $0.06.
TETRA CFO Serrano retires effective March 31, 2026; Sanderson named successor with increased pay
CFO Elijio Serrano retires effective 3/31/2026; Matthew Sanderson appointed EVP & CFO effective upon retirement.
TETRA Q4 rev $146.7M (+9% YoY), adj EPS $0.02; FY rev $631M (+5%), adj EBITDA $113.6M (+14%)
Q4 revenue $146.7M (+9% YoY); GAAP loss from cont ops $0.11/sh; adjusted EPS $0.02.
TETRA Q3 revenue $153M (+8% YoY); adjusted EBITDA $25M, guidance raised
Revenue $153M (+8% YoY); net income $4.1M ($0.03 EPS); adjusted EPS $0.04; adjusted EBITDA $25.0M (+7% YoY).
TETRA Technologies (TTI) CFO retirement and internal promotion effective March 31, 2026
Elijio Serrano to retire as SVP & CFO effective March 31, 2026; to remain as advisor to CEO.
TETRA Q2 adj EBITDA $35.9M beats expectations; H1 record $68.1M; FY guide $100-110M
Revenue $174M, up 11% sequentially; GAAP EPS $0.08, adj EPS $0.09.
Shareholders approve 4M share increase in equity plan at TETRA Technologies annual meeting
Shareholders approved equity plan amendment adding 4M shares; total reserve now 20.365M shares.
TETRA Q1 Adj EBITDA $32.3M record; first-half guidance low end raised
Revenue $157M (+17% QoQ, +4% YoY); GAAP EPS $0.03, adjusted EPS $0.11.
TETRA nominates Julie Sloat for board; Baldwin retiring; activist Radoff submits nominees
Director Mark Baldwin retiring at 2025 annual meeting; Julie Sloat (ex-AEP CEO) nominated.
TETRA Q3 revenue $142M, Adj EBITDA $23.5M; secures Brazil deepwater fluids contract
Q3 revenue $142M (down 6% YoY); GAAP EPS from continuing ops $0.02; adjusted EPS $0.03.
TETRA Q2 revenue $172M (+14% seq); net income $7.6M; secures 3-well deepwater GOM project
Q2 revenue $172M (+14% seq); net income $7.6M ($0.06 EPS); adjusted EPS $0.07.
Revenue $151M (+3% YoY); net income $915k ($0.01 EPS); adj EPS $0.05; adj EBITDA $22.8M (+11%).
TETRA reports Q4 revenue $153M, Adj EBITDA up 19% YoY; highlights lithium resource milestone
Q4 revenue $153.1M (+4% YoY); net loss $4.2M but adjusted net income $3.8M ($0.03/sh).
Term loan agreement: $190M funded at closing; $75M delayed draw available for bromine processing facility.
TETRA Q3 revenue $151.5M (+12% YoY), adj EBITDA $26.1M; Arkansas lithium/bromine milestone
Revenue $151.5M (+12% YoY); net income $5.5M vs break-even; adj EBITDA $26.1M (+40% YoY).
Arkansas commission approves TETRA's 6,138-acre brine unit for bromine and lithium production
AOGC unanimously approved TETRA's application to establish a brine production unit in Smackover Formation in SW Arkansas.
TETRA Q2 2023 revenue $175.5M (record high), GAAP EPS $0.14, Adjusted EBITDA $36M
Revenue of $175.5M, up 25% YoY and 20% sequentially; highest quarterly revenue excluding discontinued ops.
TETRA Technologies enters MOU with Saltwerx for Arkansas brine unit to develop bromine, lithium
MOU covers ~6,138-acre Smackover Formation brine unit in S.W. Arkansas.
TETRA Technologies amends bromine supply agreement with LANXESS, settles arbitration
Amendment effective April 1, 2023, resolves pending arbitration with LANXESS over bromine supply.
TETRA Technologies Q1 revenue up 12% YoY to $146M; EPS $0.05; guides Q2 revenue $165-175M
Revenue $146M, +12% YoY; EPS $0.05 vs loss $0.01 in Q4 2022.
TETRA adopts tax benefits preservation plan to protect $411M NOLs
Company has U.S. federal NOLs of approximately $411 million as of Dec 31, 2022.
TETRA Q4 revenue $147M (+30% YoY); adj. EBITDA $20.3M (+56% YoY); expects significant FCF in 2023
Q4 revenue $147M, up 30% YoY; net loss from continuing ops $1.8M; adjusted EPS $0.02.
TETRA Technologies Q3 2022 revenue $135M (+41% YoY); Adjusted EBITDA $18.6M (+24% YoY)
Revenue $135M (+41% YoY, -4% QoQ); net income from continuing ops break-even; Adjusted EPS $0.02.
TETRA Q2 revenue $141M (+38% YoY); lithium concentration 67% above exploration target
Q2 revenue $141M, up 8% QoQ and 38% YoY. Net income from continuing ops $1.8M ($0.01 EPS).
TETRA Q1 2022 revenue $130M (+68% YoY), net income $7.7M, adjusted EBITDA $20.5M
Revenue $130M (+68% YoY, +15% QoQ); net income $7.7M vs Q4 loss $703k.
TETRA Q4 revenue $113M up 19% sequentially; adjusted EBITDA $13.1M, debt reduced $13M
Q4 2021 revenue $113M (+19% QoQ, +50% YoY); net loss from cont ops $703k ($0.01 loss per share).
TETRA Q3 2021 revenue $95M (+30% YoY); adj. EBITDA $15M; net income $2.5M from cont. ops
Revenue $95M, +30% YoY; net income before disc. ops $2.5M ($0.02 EPS); adj. EBITDA $15.0M.
Revenue $102M, sequential increase of 32%; net loss from continuing ops $6.7M vs $11.9M in Q1; adjusted EPS loss $0.02.
ABL maturity extended from Sep 2023 to May 2025; US revolver commitments cut from $100M to $80M.
On March 24, 2025, Mark E. Baldwin informed the Board of Directors (the "Board") of TETRA Technologies, Inc. (the "Company") of his decision to retire from the Board at the end of his current term and not stand for re-election as a director at the Company's 2025 annual meeting of stockholders (the "2025 Annual Meeting").
On September 4, 2024, Richard D. O’Brien, Vice President-Finance, Global Controller, Assistant Treasurer, and Principal Accounting Officer of TETRA Technologies, Inc. (the “Company”), tendered his resignation, effective September 19, 2024, in order to pursue another career opportunity.
Commencing September 19, 2024 Elijio V. Serrano, the Company’s Senior Vice President, Chief Financial Officer, and Principal Financial Officer will also serve as the Company’s Principal Accounting Officer in addition to his current responsibilities.
Gina A. Luna, a current member of our Board of Directors, will let her current term expire to enable her to focus on her other commitments.
appointed Angela D. John as a member of the Board.
Effective September 6, 2022, the Board of Directors of TETRA Technologies, Inc. ("TETRA" or the "Company") approved the promotion of Matthew Sanderson to the newly created role of Executive Vice President and Chief Commercial Officer.
Effective February 7, 2022, the Board of Directors of TETRA Technologies, Inc. ("TETRA" or the "Company") appointed Sharon Booth McGee as a member of the Board of Directors.
Max materiality 0.80 · Median 0.68 · Most common event earnings