HOUSTON, June 11, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced today that the company is set to join the Russell Microcap® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024. About FTSE Russell FTSE Russell is focused on applying the highest industry standards in index design and governance, employing transparent rules-based methodology informed by independent commi ...

Core Viewpoint - Flotek Industries has appointed Leon Chad as Senior Vice President, Commercial, effective June 3, 2024, to enhance its leadership team and drive business strategies in the energy and chemistry sectors [1][2]. Company Overview - Flotek Industries is a technology-driven company focused on green chemicals and data analytics, providing innovative completion solutions that positively impact sustainability and reduce environmental effects [3]. - The company holds an intellectual property portfolio of over 170 patents and operates in more than 59 countries, emphasizing sustainable and optimized chemistry and data solutions [3]. Leadership Appointment - Leon Chad brings over three decades of experience in the energy and chemistry industries, which will support Flotek's strategy to gain market share through differentiated chemistry and data solutions [4]. - Prior to joining Flotek, Chad held significant roles at Baker Hughes, Locus Fermentation Solutions, and Clariant Oil Services, focusing on market growth and business development [5].

Flotek Industries, Inc. is an advanced technology-driven, green chemical and data analytics company providing unique and innovative completion solutions that have a proven, positive impact on sustainability and reducing the overall environmental impact of energy on air, land, water and people. Flotek has an intellectual property portfolio of over 170 patents and a global presence in more than 15 countries throughout North America, Latin America, the Middle East and North Africa. Flotek has established colla ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ACT OF 1934 For the quarterly period ended March 31, 2024 5775 N. Sam Houston Parkway W., Suite 400, Houston, TX 77086 (Address of principal executive offices) (Zip Code) (713) 849-9911 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Exchange Act: | Title of each class | Trading Symbol(s) | N ...

48,007 46,127 1,880 6,451 176 614 2,223 (26,095) (16,631) 4,522 (1,672) (9) 2,841 21,352 (9) 21,343 1.30 (0.12) 16,468 26,462 Unaudited Condensed Consolidated Balance Sheets (in thousands, except share data) Current liabilities: S 35,962 S 31,706 Accounts payable 3,385 Accrued liabilities 5,890 78 45 Income taxes payable Current portion of operating lease liabilities 2,063 2,449 Current portion of finance lease liabilities 13 22 7.402 Asset-based loan 3,111 Current portion of long-term debt 179 179 Total cu ...

Flotek Industries, Inc. (NYSE:FTK) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Michael Critelli - Director of Finance Ryan Ezell - Chief Executive Officer Bond Clement - Chief Financial Officer Conference Call Participants Jeffrey Grampp - Alliance Global Partners Donald Crist - Johnson Rice Eric Swergold - Firestorm Capital BJ Cook - Singular Research Operator Good morning, ladies and gentlemen, and welcome to the Flotek Industries First Quarter 2024 Earnings Conference Ca ...

| | | | Three months ended March 31, | | | | --- | --- | --- | --- | --- | --- | | | 2024 | | | 2023 | % Change | | Total Revenues | $ | 40,374 | $ | 48,007 | (16)% | | Gross Profit | $ | 8,821 | $ | 1,880 | 369% | | (1) Adjusted Gross Profit | $ | 10,075 | $ | 2,647 | 281% | | Net Income | $ | 1,562 | $ | 21,343 | (93)% | | Diluted Income (Loss) Per Share | $ | 0.05 | $ | (0.12) | n/a | | (1) Adjusted EBITDA | $ | 4,026 | $ | (3,851) | n/a | First Quarter 2024 Highlights Full Year 2024 Profitability Outloo ...

HOUSTON, May 7, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the quarter ended March 31, 2024, highlighted by significant improvement in profitability metrics as compared to the first quarter of 2023. Financial Summary (in thousands, except per share amounts) Three months ended March 31, 2024 2023 % Change Total Revenues $                    40,374 $                     48,007 (16) ...

HOUSTON, April 8, 2024 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its first quarter 2024 financial and operating results for the period ended March 31, 2024.   The Company plans to release its first quarter 2024 financial and operating results press release after market close on Tuesday, May 7, 2024, and host its earnings conference call on Wednesday, May 8, 2024, at 9:00 a.m. CST (10:00 a.m. EST).To participate in the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-13270 FLOTEK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 90-0023731 (State of other jurisdiction of incorpora ...