| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 129.1MM | - |
| Gross Profit | 9.4MM | +4% |
| Cost Of Revenue | 32.8MM | -14% |
| Operating Income | 2.4MM | +50% |
| Operating Expenses | 7MM | - |
| Net Income | 2.1MM | +63% |
| R&D | 255K | -66% |
| G&A | 6.5MM | +0% |
| Amortization | - | - |
| Interest Expense | 320K | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
EnerCom, Inc. announced today that registration is open for EnerCom Denver- The Energy Investment Conference. Institutional investors, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for the conference, which will take place August 18–21, 2024, at the Westin Denver Downtown.
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.
Flotek Industries ( NYSE:FTK ) Full Year 2023 Results Key Financial Results Revenue: US$188.1m (up 38% from FY 2022...
Flotek Industries, Inc. (NYSE:FTK) Q4 2023 Earnings Call Transcript March 13, 2024 Flotek Industries, Inc. misses on earnings expectations. Reported EPS is $0.07 EPS, expectations were $0.09. FTK isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome to the Flotek […]
Q4 2023 Flotek Industries Inc Earnings Call
FTK Announces Full-Year Positive Adjusted EBITDA for the First Time Since 2017
Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the fourth quarter and full-year ended December 31, 2023, highlighted by significant improvement in all profitability metrics, including net income, gross profit and adjusted gross profit(1). For the first time since 2017, the Company generated full-year positive adjusted EBITDA(1).
Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that it has appointed Amy Blakeway as Senior Vice President, General Counsel, effective March 1, 2024. With over a decade of legal experience in the energy sector, Ms. Blakeway brings unique expertise that will further strengthen the leadership team and help advance the Company's growth strategy to drive market share gains through its differentiated chemistry and data solutions.
Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its fourth quarter and year-end 2023 financial and operating results for the periods ended December 31, 2023.
Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Imagine if you held Flotek Industries...