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Flotek Issues Upbeat Q1 Revenue Forecast

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Courtesy of Benzinga.

Flotek Industries Inc (NYSE: FTK) issued upbeat first-quarter revenue forecast.

Flotek projects revenue to exceed $78 million. Last year, Flotek first-quarter revenue came in at $52.9 million.

For the quarter, Flotek projects operating income to exceed $16 million, versus $9.3 million last year.

Flotek shares closed at $12.17 on Friday.

(c) 2012 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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