Business Context and Reporting Period
Company: Flotek Industries, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 3, 2016
Reporting Period: Quarter ended March 31, 2016
This filing serves as a notification that the Company issued a press release on May 3, 2016, announcing its financial results for the first quarter of 2016. The press release is included as Exhibit 99.1.
Key Financial Metrics
The provided text is a cover document for the Form 8-K and does not contain specific financial data. It references a press release (Exhibit 99.1) for details on revenue, profit, cash flow, margins, debt, and liquidity. Consequently, no specific values for these metrics can be extracted from this text alone.
Material Changes
The filing text does not provide specific details regarding material changes in financial condition or operations compared to prior periods. Such information is contained within the referenced press release (Exhibit 99.1).
Guidance, Outlook, and Risks
Management Commentary: The Company announced it will hold a conference call to discuss its operating results for the quarter ended March 31, 2016.
Legal Disclaimer: The information furnished pursuant to Item 2.02 and in Exhibit 99.1 is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section, except as expressly stated in other filings.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated May 3, 2016) for specific Q1 2016 revenue, earnings, and cash flow figures.
- Verify the date and time of the conference call mentioned to hear management's commentary on the results.
- Confirm if the press release contains updated guidance or outlook for the remainder of 2016.
- Check subsequent filings for any restatements or clarifications regarding the Q1 2016 results.