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Flotek Industries Announces Timing of Fourth Quarter and Full-Year 2024 Earnings Release; Expects Strongest Quarterly Results of 2024

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Flotek Industries (NYSE: FTK) has announced its schedule for releasing Q4 and full-year 2024 financial results. CEO Dr. Ryan Ezell anticipates Q4 2024 to be the strongest quarter of the year in terms of net income and adjusted EBITDA, attributing the improvement to employee efforts and successful execution of corporate strategy focusing on data and chemical solutions integration.

The company will release its financial results after market close on March 10, 2025, followed by an earnings conference call on March 11, 2025, at 9:00 a.m. CST. The call will be accessible through Flotek's website, toll-free telephone numbers, and a webcast link.

Flotek Industries (NYSE: FTK) ha annunciato il suo programma per la pubblicazione dei risultati finanziari del quarto trimestre e dell'intero anno 2024. Il CEO Dr. Ryan Ezell prevede che il quarto trimestre 2024 sarà il trimestre più forte dell'anno in termini di reddito netto e EBITDA rettificato, attribuendo il miglioramento agli sforzi dei dipendenti e all'efficace attuazione della strategia aziendale incentrata sull'integrazione di dati e soluzioni chimiche.

L'azienda pubblicherà i suoi risultati finanziari dopo la chiusura del mercato il 10 marzo 2025, seguito da una teleconferenza sugli utili l'11 marzo 2025 alle 9:00 CST. La chiamata sarà accessibile tramite il sito web di Flotek, numeri telefonici gratuiti e un link per la trasmissione in diretta.

Flotek Industries (NYSE: FTK) ha anunciado su calendario para la publicación de los resultados financieros del cuarto trimestre y del año completo 2024. El CEO Dr. Ryan Ezell anticipa que el cuarto trimestre de 2024 será el más fuerte del año en términos de ingresos netos y EBITDA ajustado, atribuyendo la mejora a los esfuerzos de los empleados y a la exitosa ejecución de la estrategia corporativa centrada en la integración de soluciones de datos y químicas.

La compañía publicará sus resultados financieros después del cierre del mercado el 10 de marzo de 2025, seguido de una conferencia sobre ganancias el 11 de marzo de 2025 a las 9:00 a.m. CST. La llamada será accesible a través del sitio web de Flotek, números de teléfono gratuitos y un enlace para la transmisión en línea.

플로텍 인더스트리 (NYSE: FTK)는 2024년 4분기 및 연간 재무 결과 발표 일정을 발표했습니다. CEO인 라이언 에젤 박사는 2024년 4분기가 순이익과 조정 EBITDA 측면에서 올해 가장 강한 분기가 될 것이라고 예상하며, 이 개선은 직원들의 노력과 데이터 및 화학 솔루션 통합에 중점을 둔 기업 전략의 성공적인 실행 덕분이라고 설명했습니다.

회사는 2025년 3월 10일 시장 종료 후에 재무 결과를 발표하고, 2025년 3월 11일 오전 9:00 CST에 수익 컨퍼런스 콜을 진행합니다. 이 전화 회의는 플로텍 웹사이트, 무료 전화번호, 웹 캐스트 링크를 통해 접근할 수 있습니다.

Flotek Industries (NYSE: FTK) a annoncé son calendrier pour la publication des résultats financiers du quatrième trimestre et de l'année 2024. Le PDG Dr. Ryan Ezell prévoit que le quatrième trimestre 2024 sera le plus fort de l'année en termes de revenu net et d'EBITDA ajusté, attribuant cette amélioration aux efforts des employés et à l'exécution réussie de la stratégie d'entreprise axée sur l'intégration des solutions de données et chimiques.

La société publiera ses résultats financiers après la fermeture des marchés le 10 mars 2025, suivis d'une conférence téléphonique sur les bénéfices le 11 mars 2025 à 9h00 CST. L'appel sera accessible via le site web de Flotek, des numéros de téléphone sans frais et un lien de webdiffusion.

Flotek Industries (NYSE: FTK) hat seinen Zeitplan für die Veröffentlichung der Finanzzahlen für das vierte Quartal und das Gesamtjahr 2024 bekannt gegeben. CEO Dr. Ryan Ezell erwartet, dass das vierte Quartal 2024 das stärkste Quartal des Jahres in Bezug auf Nettoeinkommen und bereinigtes EBITDA sein wird, da die Verbesserung den Bemühungen der Mitarbeiter und der erfolgreichen Umsetzung der Unternehmensstrategie, die sich auf die Integration von Daten und chemischen Lösungen konzentriert, zuzuschreiben ist.

Das Unternehmen wird seine Finanzzahlen nach Börsenschluss am 10. März 2025 veröffentlichen, gefolgt von einem Earnings Conference Call am 11. März 2025 um 9:00 Uhr CST. Der Anruf wird über die Website von Flotek, gebührenfreie Telefonnummern und einen Webcast-Link zugänglich sein.

Positive
  • Q4 2024 expected to be the strongest quarter of the year for net income and adjusted EBITDA
  • Continued financial and operational improvements reported
Negative
  • None.

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.

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SOURCE Flotek Industries, Inc.

FAQ

When will Flotek Industries (FTK) release Q4 2024 earnings?

Flotek Industries will release Q4 and full-year 2024 earnings after market close on March 10, 2025.

What are the expectations for Flotek's (FTK) Q4 2024 performance?

Flotek expects Q4 2024 to be the strongest quarter of the year in terms of net income and adjusted EBITDA.

When is Flotek Industries' (FTK) Q4 2024 earnings conference call?

Flotek's Q4 2024 earnings conference call is scheduled for March 11, 2025, at 9:00 a.m. CST (10:00 a.m. EST).

How can investors access Flotek's (FTK) Q4 2024 earnings call?

Investors can access the call through Flotek's website, toll-free at 1-800-836-8184, international toll at 1-646-357-8785, or via webcast link.

Flotek Industries, Inc.

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