The company said, “As a result of the Company’s strong operational performance during the first half of 2024 and the outlook for the balance of the year, the Company is raising its 2024 profitability guidance. Flotek now expects adjusted EBITDA to be in a range of between $14M-$18M, a 23% increase to the midpoint of the range when compared to the prior guidance range of between $10M-$16M.
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