Business Context and Reporting Period
Company: Flotek Industries, Inc. (FTK)
Filing Type: Form 8-K (Current Report)
Date of Report: May 10, 2021
Reporting Period: Quarter ended March 31, 2021
This filing serves as a notification that the Company issued a press release and a presentation regarding its financial results for the first quarter of 2021. The specific financial data is contained in the attached exhibits (Exhibit 99.1 and 99.2) and is not detailed within the body of this 8-K form.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being available in the press release (Exhibit 99.1) and the operational presentation (Exhibit 99.2) attached to the filing.
Material Changes
No specific material changes or comparative financial data versus prior periods are disclosed in the text of this filing. The filing indicates that the Company announced its operating results for the quarter ended March 31, 2021, but does not quantify the changes.
Guidance, Outlook, and Management Commentary
- Conference Call: The Company announced it will hold a conference call to discuss its operating results.
- Disclosure: A presentation containing information relating to current operations and financial results was provided on the Company's website (Exhibit 99.2).
- Legal Status: The information furnished in the press release and presentation is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated May 10, 2021) for specific Q1 2021 revenue, earnings, and cash flow figures.
- Review Exhibit 99.2 (Presentation) for management commentary, operational updates, and forward-looking guidance.
- Verify the date and time of the announced conference call to hear management discuss the results.
- Confirm that the financial data in the exhibits aligns with the Company's historical performance and industry trends.