Plus   Neg

TETRA Technologies Q2 Loss Widens

TETRA Technologies Inc. (TTI) reported that its second quarter net loss attributable to stockholders widened to $18.46 million or $0.15 per share from $6.91 million or $0.06 per share in the previous year. Excluding the non-recurring charges and expenses, net loss per share for the latest-quarter was $0.09. Analysts polled by Thomson Reuters expected the company to report a loss of $0.09 per share. Analysts' estimates typically exclude special items.

Revenues for the quarter declined to $192.44 million from $288.80 million in the prior year. Analysts expected revenues of $186.39 million.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Pizza Hut's large Original Pan Pizza is now available at locations across the U.S. for $10.99. The fast food chain, a subsidiary of Yum! Brands Inc., said that fans can now get a large Original Pan Pizza with up to three of their favorite toppings, without needing to stretch their wallets. The Original Pan Pizza is a buttery golden-brown color. The U.S. Food and Drug Administration approved the first drug to treat adults and children aged 12 years and older with hypereosinophilic syndrome for six months or longer without another identifiable non-blood related cause of the disease. GlaxoSmithKline's Nucala (mepolizumab) is the first FDA-approved drug in nearly 14 years to treat this group of rare and debilitating blood diseases. Uber has won a legal battle to continue to operate in London, one of its largest markets. The ride-hailing company has been granted an 18-month license to operate in London after overturning the ban on an appeal for the second time. The Westminister Magistrates Court found Uber London Ltd. a "fit and proper" company to run the services in London.
Follow RTT