Flotek reports fourth quarter and full-year 2023 results highlighted by growth in all profitability metrics including a $31 million improvement in annual gross profit

Houston , march 12, 2024 /prnewswire/ -- flotek industries, inc. ("flotek" or the "company") (nyse: ftk) today announced operational and financial results for the fourth quarter and full-year ended december 31, 2023, highlighted by significant improvement in all profitability metrics, including net income, gross profit and adjusted gross profit(1). for the first time since 2017, the company generated full-year positive adjusted ebitda(1).
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