HOUSTON, Jan. 30,
2025 /PRNewswire/ -- Flotek Industries, Inc.
("Flotek" or the "Company") (NYSE: FTK) today announced the
Company's schedule for releasing its fourth quarter and full-year
financial and operating results for the periods ended December 31, 2024.
Chief Executive Officer Dr. Ryan
Ezell commented, "We look forward to reporting our fourth
quarter results, which we currently expect will be the strongest in
terms of net income and adjusted EBITDA (1) as compared
to the previously reported quarterly results for 2024. Our
continued financial and operational improvements reflect the
considerable effort put forth by our employee group and the
execution of our corporate strategy towards the convergence of
innovative data and chemical solutions."
The Company plans to issue its fourth quarter and full-year 2024
financial and operating results press release after market close on
Monday, March 10, 2025, and host its
earnings conference call on Tuesday, March
11, 2025, at 9:00 a.m. CST
(10:00 a.m. EST).
Participants may access the call through Flotek's website at
www.flotekind.com under "News" within the Investor Relations
section, by telephone toll free at 1-800-836-8184 (international
toll: 1-646-357-8785), or by using the following link to
access the audience view of the webcast at
https://app.webinar.net/qDjWg9qga1Y approximately five minutes
prior to the start of the call. Following the conclusion of the
conference call, a recording of the call will be available on the
Company's website.
|
(1)
|
A non-GAAP financial
measure. See the "Unaudited Reconciliation of Non-GAAP Items
and Non-Cash Items Impacting Earnings" in each of our 2024
quarterly earnings releases reconciling this non-GAAP measure to
net income.
|
About Flotek Industries, Inc.
Flotek Industries, Inc. is a leading chemistry and data
technology company focused on servicing the Energy industry. The
Company's top tier technologies leverage near real-time data to
deliver innovative solutions to maximize customer returns. Flotek
has an intellectual property portfolio of over 130 patents, 20+
years of field and laboratory data, and a global presence in more
than 59 countries.
Flotek has established collaborative partnerships focused on
sustainable and optimized chemistry and data solutions, aiming to
reduce the environmental impact of energy on land, air, water and
people.
Flotek is based in Houston,
Texas and its common shares are traded on the New York Stock
Exchange under the ticker symbol "FTK." For additional information,
please visit www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute
forward-looking statements (within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934) regarding Flotek Industries, Inc.'s business,
financial condition, results of operations and prospects. Words
such as will, continue, expects, anticipates, intends, plans,
believes, seeks, estimates, outlook and similar expressions or
variations of such words are intended to identify forward-looking
statements, but are not the exclusive means of identifying
forward-looking statements in this press release. Although
forward-looking statements in this press release reflect the good
faith judgment of management, such statements can only be based on
facts and factors currently known to management. Consequently,
forward-looking statements are inherently subject to risks and
uncertainties, and actual results and outcomes may differ
materially from the results and outcomes discussed in the
forward-looking statements. Further information about the risks and
uncertainties that may impact the Company are set forth in the
Company's most recent filing with the Securities and Exchange
Commission on Form 10-K (including, without limitation, in the
"Risk Factors" section thereof), and in the Company's other SEC
filings and publicly available documents. Readers are urged not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company
undertakes no obligation to revise or update any forward-looking
statements in order to reflect any event or circumstance that may
arise after the date of this press release.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/flotek-industries-announces-timing-of-fourth-quarter-and-full-year-2024-earnings-release-expects-strongest-quarterly-results-of-2024-302364723.html
SOURCE Flotek Industries, Inc.
