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Monday, September 28, 2020
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Energy FTS International: 2Q Earnings Snapshot

FTS International: 2Q Earnings Snapshot

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FORT WORTH, Texas (AP) _ FTS International Inc. (FTSI) on Monday reported a second-quarter loss of $50.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Fort Worth-based company said it had a loss of $9.43. Losses, adjusted for asset impairment costs, were $7.52 per share.
The provider of hydraulic fracturing services posted revenue of $29.5 million in the period.


FTS International shares have declined 67% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.94, a decrease of 89% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTSI at https://www.zacks.com/ap/FTSI

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