THE WOODLANDS, Texas (AP) _ Tetra Technologies Inc. (TTI) on Wednesday reported a loss of $15 million in its fourth quarter.
The The Woodlands, Texas-based company said it had a loss of 12 cents per share. Losses, adjusted to account for discontinued operations and non-recurring costs, were 3 cents per share.
The oil and gas services company posted revenue of $75.5 million in the period.
For the year, the company reported that its loss narrowed to $51.1 million, or 41 cents per share. Revenue was reported as $377.7 million.
The company’s shares closed at $2.61. A year ago, they were trading at $1.34.