TETRA Technologies Q1 Loss Narrows - Quick Facts

(RTTNews) - TETRA Technologies, Inc. (TTI) reported that first-quarter net loss attributable to stockholders narrowed to $4.45 million or $0.06 per share from $6.93 million or $0.09 per share in the prior-year quarter.

Excluding items, adjusted net loss for the quarter was $2.39 million or $0.03 per share, compared to loss of $3.52 million or $0.04 per share in the year-ago quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report a loss $0.05 per share for the quarter. Analysts' estimates typically exclude special items.

Consolidated revenues for the quarter increased 18 percent to $251.09 million from $212.86 million in the same quarter last year. Analysts expected revenue of $270.28 million for the quarter.