TETRA Technologies second-quarter profit drops to $10.24 million

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TETRA Technologies reported a decline in second-quarter profit, with net income falling to $10.24 million, or $0.07 per share, from $11.31 million, or $0.08 per share, in the same period last year. Excluding items, adjusted earnings were $11.29 million, or $0.08 per share. Revenue rose 6.8% to $185.66 million from $173.87 million a year earlier.

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Tetra Technologies Inc
TTI
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Second-quarter profit declined to $10.24 million from $11.31 million year-over-year.