HOUSTON (AP) — HOUSTON (AP) — Flotek Industries Inc. (FTK) on Tuesday reported profit of $1.8 million in its second quarter.
On a per-share basis, the Houston-based company said it had profit of 5 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 16 cents per share.
The oilfield services company posted revenue of $58.4 million in the period.
Flotek Industries expects full-year revenue in the range of $200 million to $220 million.
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