{"id":847595,"date":"2025-05-06T16:23:58","date_gmt":"2025-05-06T20:23:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/flotek-provides-strong-2025-outlook-in-connection-with-announcing-robust-first-quarter-2025-revenue-and-profit-growth\/"},"modified":"2025-05-06T16:23:58","modified_gmt":"2025-05-06T20:23:58","slug":"flotek-provides-strong-2025-outlook-in-connection-with-announcing-robust-first-quarter-2025-revenue-and-profit-growth","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/flotek-provides-strong-2025-outlook-in-connection-with-announcing-robust-first-quarter-2025-revenue-and-profit-growth\/","title":{"rendered":"Flotek Provides Strong 2025 Outlook in Connection with Announcing Robust First Quarter 2025 Revenue and Profit Growth"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n HOUSTON<\/span>
\n <\/span>, May 6, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced operational and financial results for the quarter ended March 31<\/span>, 2025.\u00a0 First quarter 2025 results were the strongest quarterly results in terms of revenue, gross profit, net income and adjusted EBITDA (1)<\/sup> in the last 5 years.<\/p>\n

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\n \"Flotek
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Financial Summary <\/b>(in thousands, except ‘per share’ amounts)<\/p>\n

\n\n\n\n\n\n\n\n\n\n
\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n Three Months Ended March 31,<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n % Change<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Total Revenues<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 55,362<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 40,374<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 37\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Gross Profit<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12,449<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 8,821<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 41\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5,380<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 1,562<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 244\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Diluted Income (Loss) Per Share<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.17<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.05<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 240\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Adjusted EBITDA (1)<\/sup><\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 7,780<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 4,026<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 93\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Highlights<\/b>\n <\/p>\n