Flotek Industries Reports Q4 Revenue of $47.5M

Flotek Industries, Inc. FTK today announced results for the quarterly results.

For the three months ended December 31, 2010, Flotek posted revenue of $47.5 million, compared to $24.6 million in the same period a year ago and $40.0 million in the third quarter of 2010. Revenue in all three business segments reported sequential increases as pricing and activity continued to improve.