HOUSTON, March 10, 2021 /PRNewswire/ -- Flotek
Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today
announced it is rescheduling its fourth quarter 2020 earnings
results previously scheduled for Wednesday,
March 10, 2021, and corresponding conference call scheduled
for Thursday, March 11, 2021.
The severe winter storms throughout Texas in mid-February impacted the Company's
ability to file its earnings according to its originally announced
schedule. As a result, additional time is required to prepare the
Company's earnings release.
Updated Earnings Schedule Announced for Q4 and Full-Year
Flotek anticipates that it will issue a press release
prior to market open on Tuesday, March 16,
2021, containing its fourth quarter 2020 financial and
operating results for the three months ended December 31, 2020, as well as full-year results
for 2020. Flotek also expects to host its earnings conference call
on Tuesday, March 16, 2021, at
4:00 p.m. CST (5:00 p.m. EST).
The Company expects to file its Form 10-K on Tuesday, March 16, 2021.
To participate in the call, participants should access the
webcast on www.flotekind.com under the Investor Relations section
or dial 1-844-835-9986 approximately five minutes prior to the
start of the call. Following the conclusion of the conference call,
a recording of the call will be available on the Company's
Flotek Industries, Inc. is a
technology-driven, specialty chemistry and data company that serves
customers across industrial, commercial and consumer markets.
Flotek's Chemistry Technologies segment develops, manufactures,
packages, distributes, delivers, and markets high-quality
sanitizers, surface cleaners and disinfectants for commercial,
governmental and personal consumer use. Additionally, Flotek
empowers the energy industry to maximize the value of their
hydrocarbon streams and improve return on invested capital through
its real-time data platforms and chemistry technologies. Flotek
serves downstream, midstream and upstream customers, both domestic
and international. Flotek is a publicly traded company
headquartered in Houston, Texas,
and its common shares are traded on the New York Stock Exchange
under the ticker symbol "FTK." For additional information, please
visit Flotek's web site at www.flotekind.com.
Certain statements set
forth in this press release constitute forward-looking statements
(within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934) regarding
Flotek Industries, Inc.'s business, financial condition, results of
operations and prospects. Words such as will, continue, expects,
anticipates, intends, plans, believes, seeks, estimates and similar
expressions or variations of such words are intended to identify
forward-looking statements, but are not the exclusive means of
identifying forward-looking statements in this press release.
Although forward-looking statements in this press release
reflect the good faith judgment of management, such statements can
only be based on facts and factors currently known to management.
Consequently, forward-looking statements are inherently
subject to risks and uncertainties, and actual results and outcomes
may differ materially from the results and outcomes discussed in
the forward-looking statements. Further information about the
risks and uncertainties that may impact the Company are set forth
in the Company's most recent filing with the Securities and
Exchange Commission on Form 10-K (including, without limitation, in
the "Risk Factors" section thereof), and in the Company's other SEC
filings and publicly available documents. Readers are urged
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. The Company
undertakes no obligation to revise or update any forward-looking
statements in order to reflect any event or circumstance that may
arise after the date of this press release.
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SOURCE Flotek Industries, Inc.