Business Context and Reporting Period
Company: Flotek Industries, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: July 29, 2013
Reporting Period: Preliminary results for the quarter ended June 30, 2013.
Key Financial Metrics
This filing serves as a notification of a press release containing preliminary financial results for the second quarter of 2013. The specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not included in the text of this Form 8-K; they are contained in the referenced press release (Exhibit 99.1).
Material Changes and Corporate Actions
- Acquisition Activity: On July 29, 2013, the Company entered into a non-binding letter of intent to acquire Eclipse IOR Services, LLC, a Keller, Texas-based entity.
- Financial Disclosure: The Company issued preliminary results for the quarter ended June 30, 2013, incorporated by reference via Exhibit 99.1.
Guidance, Outlook, and Risks
The filing does not provide specific forward-looking guidance, management commentary, or risk factors within the text itself. It notes that the information furnished regarding the financial results and the acquisition letter of intent is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated July 29, 2013) for specific Q2 2013 revenue, earnings, and cash flow figures.
- Review Exhibit 99.2 (Press Release dated July 29, 2013) for details regarding the non-binding letter of intent to acquire Eclipse IOR Services, LLC.
- Verify the status of the Eclipse IOR Services acquisition, as the current filing only confirms a non-binding letter of intent.