Tetra Technologies Q2 Net Loss Narrows

(RTTNews) - Tetra Technologies Inc. (TTI) Wednesday announced a narrower net loss attributable to stockholders for the second quarter to $10.991 million from $26.57 million last year. On a per share basis, loss attributable was $0.10 per share, narrower than $0.32 a year ago. On an adjusted basis, loss per share was $0.04.

On average, 14 analysts polled by Thomson Reuters expected the company to record loss of $0.01 per share. Analysts estimates usually exclude special items.

The quarterly revenue increased to $208.37 million, up from $175.66 million in the prior year. Wall Street expected $203.66 million. Looking ahead to the full year 2017, the company expects adjusted free cash flow to be between$20 million and $40 million.