Brief: Tetra Technologies Expects 2018 Revenue $965 Million To $1.005 Billion

CSI Compressco LP

09/08/2018 13:59

Aug 9 (Reuters) - Tetra Technologies Inc  TTI.N :
    * TETRA TECHNOLOGIES, INC. ANNOUNCES SECOND QUARTER RESULTS
AND
PROVIDES UPDATE TO TOTAL YEAR GUIDANCE
    * Q2 LOSS PER SHARE $0.05
    * Q2 ADJUSTED EARNINGS PER SHARE $0.03
    * SEES FY 2018 REVENUE $965 MILLION TO $1.005 BILLION
    * Q2 REVENUE $260 MILLION VERSUS I/B/E/S VIEW $238.2 MILLION
    * Q2 EARNINGS PER SHARE VIEW $0.01 -- THOMSON REUTERS
I/B/E/S
    * SEES 2018 CONSOLIDATED ADJUSTED EBITDA OF BETWEEN $170
MILLION
AND $190 MILLION
    * PROJECTED TOTAL YEAR CAPITAL EXPENDITURES FOR TETRA ONLY
ARE
EXPECTED TO BE BETWEEN $45 MILLION AND $55 MILLION
    * CSI COMPRESSCO CAPITAL EXPENDITURES ARE EXPECTED TO BE
BETWEEN
$110 MILLION AND $120 MILLION FOR THE YEAR
    * PROJECTED TOTAL YEAR TETRA ONLY FREE CASH FLOW IS EXPECTED
TO BE
BETWEEN $15 MILLION AND $25 MILLION
    * TOTAL YEAR PROJECTED LOSS BEFORE TAXES IS EXPECTED TO BE
BETWEEN
$16.9 MILLION AND $35.9 MILLION

Source text for Eikon:  ID:nPn9S40tya 
Further company coverage:  TTI.N 

 ((Reuters.Briefs@thomsonreuters.com;))