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Flotek Announces First Quarter 2021 Results

Flotek Announces First Quarter 2021 Results
Q1 21 EBITDA Improves Sequentially
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HOUSTON, May 10, 2021 /PRNewswire/ Flotek Industries, Inc. ( Flotek or the Company ) (NYSE: FTK) today announced results for the first three months ended March 31, 2021.
John W. Gibson, Jr., Chairman, President, and Chief Executive Officer stated: While we experienced a slow start to the quarter due to the continued challenging macro-environment and impacts of Winter Storm Uri, we are pleased with our progress through the quarter as demand significantly increased across both segments towards the end of the quarter and continued into this quarter. We are excited about the momentum we have and are optimistic about our opportunities for growth across our business as the market continues its recovery in the latter half of the year. ....

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Flotek Welcomes New Vice President Of Professional Chemistries

Flotek Welcomes New Vice President Of Professional Chemistries
30-Year Jan-San Veteran to Lead Business Development
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HOUSTON, May 10, 2021 /PRNewswire/ Flotek Industries, Inc. ( Flotek or the Company ) (NYSE: FTK) is pleased to announce Matthew P. Sullivan has joined the Company as Vice President of Professional Chemistries. In this role, he will oversee the Company s business development strategy and implementation for Flotek s cleaning, disinfecting and sanitizing product line. He will report directly to Ryan Ezell, Ph.D, President of Flotek s Chemistry Technologies segment.
Sullivan is an experienced leader in the Away from Home market, with a specialization in the janitorial and sanitizing segment, bringing more than 30 years experience to the role. He joins Flotek from Georgia-Pacific, a Koch Industries company, where he held a variety of leadership roles, and most recently, served as Directo ....

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Flotek Announces Q4 And Full-Year 2020 Results

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HOUSTON, March 16, 2021 /PRNewswire/ Flotek Industries, Inc. ( Flotek or the Company ) (NYSE: FTK) today announced results for the fourth quarter and full-year ended December 31, 2020.
We faced extraordinary challenges in 2020, but we remained focused and opportunistic in the face of a global pandemic and an extremely volatile macro-environment. While we continue to face challenges of lower global demand and industry pressures impacting both segments, we have improved our operational efficiencies and found new ways to create, diversify, and grow profitable revenue, resulting in improved adjusted EBITDA on approximately half the revenue year-over-year, said John W. Gibson, Jr., Chairman, President, and Chief Executive Officer. ....

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