TTI Q2 2022 Earnings — TETRA Technologies, Inc. Revenue & Financial Results | Market Cap Arena

TTITETRA Technologies, Inc.

$1B

Q2 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$141M+37.5% YoY

Gross Profit

$30M21.1% margin

Operating Income

$6M4.3% margin

Net Income

$2M1.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$7M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$417M

Total Liabilities

$311M

Stockholders' Equity

$107M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$141M	$102M	+37.5%
Gross Profit	$30M	$17M	+76.1%
Operating Income	$6M	-$469,000	+1403.8%
Net Income	$2M	-$7M	+125.8%

Revenue Segments

Completion Fluids & Products Division

$75M53%

Water & Flowback Services

$66M47%