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Flotek (FTK)
NYSE:FTK
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 110.64%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call highlights a strong financial performance with record revenue and profitability growth, driven by strategic acquisitions and international expansion. However, the company is cautious about macroeconomic uncertainties and potential impacts from tariffs. The overall sentiment is positive, given the significant outweighing of highlights over lowlights.Company Guidance
During Flotek Industries' first quarter 2025 earnings call, the company announced a range of impressive financial metrics and strategic developments. The first quarter saw a 37% increase in total revenue compared to the same period in 2024, with external chemistry revenue surging 88% and Data Analytics revenue growing by 57%. Flotek also achieved a gross profit margin of 23%, marking a 41% growth in gross profit. Net income and adjusted EBITDA rose by 244% and 93%, respectively, compared to the previous year’s first quarter. The company's acquisition of 30 real-time gas monitoring and dual fuel optimization assets, alongside securing a $160 million multi-year contract, is expected to bolster earnings growth and free cash flow significantly. This acquisition aligns with their strategy to expand in the energy infrastructure sector, particularly through innovative solutions like the PowerTech fuel management platform, which is projected to generate over $20 million in annual operating income. These advancements aim to position Flotek as a leader in delivering tailored chemistry and data solutions, with a focus on sustainable growth and shareholder value.Record Revenue Growth
Flotek Industries reported a 37% increase in total revenue for Q1 2025 compared to Q1 2024. External chemistry revenue saw an 88% increase, while Data Analytics revenue rose by 57%.
Significant Profitability Increase
Flotek achieved a 244% increase in net income and a 93% increase in adjusted EBITDA compared to Q1 2024. Gross profit climbed 41% with a margin increase to 23%.
Strategic Acquisition
Flotek acquired 30 real-time gas monitoring and dual fuel optimization assets, securing a $160 million multi-year contract which is expected to generate over $20 million in annual operating income.
International Expansion
International revenues increased by approximately 250% to $3.8 million, with significant contributions from the Middle East and Latin America.
Long-term Contract Secured
Flotek secured a six-year contract anchoring over $160 million in recurring revenue backlog, enhancing predictable revenue streams.
FTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $7.14 | $10.15 | +42.16% |
Mar 10, 2025 | $7.29 | $7.41 | +1.65% |
Nov 04, 2024 | $5.00 | $6.15 | +23.00% |
Aug 06, 2024 | $4.22 | $3.87 | -8.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Flotek (FTK) report earnings?
Flotek (FTK) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Flotek (FTK) earnings time?
Flotek (FTK) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FTK EPS forecast?
FTK EPS forecast for the fiscal quarter 2025 (Q2) is 0.17.