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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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