TTI Q1 2023 Earnings — TETRA Technologies, Inc. Revenue & Financial Results | Market Cap Arena

TTITETRA Technologies, Inc.

$1B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$146M+12.4% YoY

Gross Profit

$33M22.4% margin

Operating Income

$10M6.5% margin

Net Income

$6M4.1% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$436M

Total Liabilities

$319M

Stockholders' Equity

$117M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$130M	+12.4%
Gross Profit	$33M	$27M	+22.5%
Operating Income	$10M	$6M	+56.8%
Net Income	$6M	$8M	-21.8%

Revenue Segments

Water & Flowback Services

$77M53%

Completion Fluids & Products Division

$69M47%