Tetra Technologies Inc
NYSE:TTI
Income Statement
Earnings Waterfall
Tetra Technologies Inc
Revenue
|
626.3m
USD
|
Cost of Revenue
|
-472.5m
USD
|
Gross Profit
|
153.8m
USD
|
Operating Expenses
|
-108.7m
USD
|
Operating Income
|
45.1m
USD
|
Other Expenses
|
-19.3m
USD
|
Net Income
|
25.8m
USD
|
Income Statement
Tetra Technologies Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
388
N/A
|
441
+14%
|
479
+9%
|
519
+8%
|
553
+7%
|
569
+3%
|
604
+6%
|
621
+3%
|
626
+1%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(328)
|
(360)
|
(385)
|
(411)
|
(433)
|
(444)
|
(460)
|
(468)
|
(473)
|
|
Gross Profit |
60
N/A
|
81
+35%
|
94
+17%
|
108
+15%
|
120
+11%
|
125
+4%
|
145
+16%
|
153
+6%
|
154
+1%
|
|
Operating Income | ||||||||||
Operating Expenses |
(75)
|
(78)
|
(85)
|
(91)
|
(99)
|
(100)
|
(104)
|
(107)
|
(109)
|
|
Selling, General & Administrative |
(75)
|
(76)
|
(82)
|
(87)
|
(92)
|
(94)
|
(97)
|
(97)
|
(97)
|
|
Research & Development |
0
|
(2)
|
(3)
|
(4)
|
(7)
|
(5)
|
(7)
|
(10)
|
(12)
|
|
Operating Income |
(15)
N/A
|
3
N/A
|
10
+211%
|
17
+79%
|
22
+24%
|
25
+16%
|
40
+61%
|
46
+14%
|
45
-2%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(16)
|
(15)
|
(12)
|
(15)
|
(16)
|
(18)
|
(20)
|
(22)
|
(22)
|
|
Non-Reccuring Items |
(1)
|
3
|
1
|
1
|
1
|
0
|
2
|
2
|
(0)
|
|
Gain/Loss on Disposition of Assets |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
16
|
14
|
13
|
7
|
4
|
2
|
8
|
8
|
9
|
|
Pre-Tax Income |
(15)
N/A
|
6
N/A
|
13
+109%
|
12
-8%
|
11
-4%
|
10
-13%
|
30
+203%
|
34
+16%
|
32
-7%
|
|
Net Income | ||||||||||
Tax Provision |
(2)
|
(3)
|
(1)
|
(3)
|
(4)
|
(4)
|
(7)
|
(6)
|
(6)
|
|
Income from Continuing Operations |
(17)
|
3
|
11
|
9
|
8
|
6
|
22
|
28
|
25
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
103
N/A
|
2
-98%
|
11
+363%
|
9
-21%
|
8
-9%
|
6
-21%
|
23
+267%
|
28
+23%
|
26
-7%
|
|
EPS (Diluted) |
0.81
N/A
|
0.02
-98%
|
0.09
+350%
|
0.07
-22%
|
0.06
-14%
|
0.05
-17%
|
0.17
+240%
|
0.21
+24%
|
0.19
-10%
|