HOUSTON — Flotek Industries Inc. (FTK) on Monday reported a loss of $45.2 million in its third quarter.
On a per-share basis, the Houston-based company said it had a loss of 66 cents. Losses, adjusted for asset impairment costs, came to 38 cents per share.
The oilfield services company posted revenue of $12.7 million in the period.
The company’s shares closed at $2.40. A year ago, they were trading at $1.84.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTK at https://www.zacks.com/ap/FTK