TTI Q2 2024 Earnings — TETRA Technologies, Inc. Revenue & Financial Results | Market Cap Arena

TTITETRA Technologies, Inc.

$1B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$172M-2.0% YoY

Gross Profit

$43M25.2% margin

Operating Income

$21M12.3% margin

Net Income

$8M4.4% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+13.9%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$9M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$500M

Total Liabilities

$346M

Stockholders' Equity

$155M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$175M	-2.0%
Gross Profit	$43M	$47M	-7.6%
Operating Income	$21M	$21M	+2.6%
Net Income	$8M	$18M	-58.0%

Revenue Segments

Product

$97M56%

Service

$75M44%

Geographic Segments

Non-US

$70M100%