Flotek Industries Full Year 2024 Earnings: EPS Beats Expectations

Simply Wall St·03/12/2025 10:24:00

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Flotek Industries (NYSE:FTK) Full Year 2024 Results

Key Financial Results

Revenue: US$187.0m (flat on FY 2023).
Net income: US$10.5m (down 57% from FY 2023).
Profit margin: 5.6% (down from 13% in FY 2023).
EPS: US$0.35 (down from US$0.99 in FY 2023).

earnings-and-revenue-growth — NYSE:FTK Earnings and Revenue Growth March 12th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Flotek Industries EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Flotek Industries has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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