UPDATE: Tetra Technologies Posts Q4 Loss
Tetra Technologies Inc (NYSE: TTI) posted a loss in the latest quarter.
Tetra Technologies posted its October-December net loss of $25.1 million, or $0.33 per share, versus a year-ago loss of $62.9 million, or $0.83 per share. Its revenue dropped 13% to $186.2 million.
Analysts were projecting earnings of $0.08 per share on revenue of $183.7 million.
Tetra Technologies recorded after-tax charges of around $0.39 per share in the latest quarter.
Tetra Technologies shares closed at $10.07 yesterday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.