TETRA TECHNOLOGIES INC (TTI) Form 8-K — Aug 3, 2026
TETRA Technologies reported strong second-quarter 2026 financial results, with revenues of $185.7 million increasing 19% sequentially and 7% year over year to $185.7 million. The company achieved net income from continuing operations of $10.2 million and Adjusted EBITDA of $31.9 million, marking one of its strongest first-half financial performances in the past decade. Operationally, the company launched the TETRA Neptune Z-Lite completion fluid and was awarded a three-well contract in the Gulf of America by Beacon Offshore Energy.
Key figures
- Eps
- 0.07
- Revenue
- 185700000
- Net Income
- 10237000
- Total Debt
- 183300000
- Cash Position
- 154600000
- Net Debt
- 28700000
- Offering Price
- 9.25
- Shares Offered
- 12400000
- Adjusted EBITDA
- 31900000
- Equity Proceeds
- 108200000
- Net Leverage Ratio
- 0.4x
Price after filing
Close on the filing date to close N calendar days later (from $7.62). Historical, not a forecast.
AI analysis
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