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Flotek(FTK) - 2023 Q4 - Annual Results
FTKFlotek(FTK)2024-03-11 16:00

Exhibit 99.1 Flotek Reports Fourth Quarter and Full-Year 2023 Results Highlighted by Growth in All Profitability Metrics Including a 31MillionImprovementinAnnualGrossProfitThreemonthsendedDecember31,TwelvemonthsendedDecember31,2023202220232022TotalRevenues31 Million Improvement in Annual Gross Profit | | | | Three months ended December 31, | | | | Twelve months ended December 31, | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 2023 | | 2022 | 2023 | | | 2022 | | Total Revenues | | 42,188 | 48,217| 48,217 | | 188,058 | 136,092GrossProfit(Loss)| 136,092 | | Gross Profit (Loss) | | 9,430 | (2,074)| (2,074) | | 24,263 | $ | (6,700) | | ...