Earnings Call Summary | Tetra Technologies(TTI.US) Q1 2024 Earnings Conference
Earnings Call Summary | Tetra Technologies(TTI.US) Q1 2024 Earnings Conference
The following is a summary of the TETRA Technologies, Inc. (TTI) Q1 2024 Earnings Call Transcript:
以下是利樂科技公司（TTI）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
TETRA Technology witnessed 3% year-on-year revenue growth, with an adjusted EBITDA increase of 11%.
The company reported an adjusted EBITDA of $22.8 million and adjusted EBITDA margins for Completion Fluids & Products at 28.1%.
Revenues for Water & Flowback Services fell by 5% year-on-year, leading to a $5.8 million reduction in adjusted EBITDA.
The firm anticipates achieving over $30 million in adjusted EBITDA for Q2 2024 and expects free cash flow to be over $40 million for the year.
利樂科技的收入同比增長了3％，調整後的息稅折舊攤銷前利潤增長了11％。
該公司報告稱，調整後的息稅折舊攤銷前利潤爲2,280萬美元，完井液和產品的調整後息稅折舊攤銷前利潤率爲28.1％。
水和回流服務的收入同比下降5％，導致調整後的息稅折舊攤銷前利潤減少了580萬美元。
該公司預計，2024年第二季度調整後的息稅折舊攤銷前利潤將超過3000萬美元，並預計該年度的自由現金流將超過4000萬美元。
Business Progress:
業務進展：
The company's Completion Fluids & Products saw increased activity in the Gulf of Mexico and the Middle East, enhancing adjusted EBITDA by 20% sequentially.
TETRA Technology is preparing for increased offshore and deepwater activity through strategic capacity investments in Brazil, the Gulf of Mexico, and the North Sea, indicating a bullish outlook for deepwater market growth.
Plans are in place to have the first commercial desalination contract for beneficial reuse operational by 2025 and to have the Arkansas Bromine Plant operational by 2026.
They seek to improve margins through implementing automation technology in water services and flowback businesses, targeting a 20% margin level by 2025.
TETRA Technology expects to further its growth in 2024 and generate strong free cash flow from their base business, suggesting a positive future performance.
該公司的完井液和產品在墨西哥灣和中東的活動有所增加，調整後的息稅折舊攤銷前利潤連續增長了20％。
TETRA Technology正在通過對巴西、墨西哥灣和北海的戰略產能投資，爲增加海上和深水活動做準備，這表明深水市場的增長前景看漲。
計劃到2025年使第一份商業海水淡化合同投入運營，並在2026年之前使阿肯色溴廠投入運營。
他們尋求通過在供水服務和回流業務中實施自動化技術來提高利潤率，目標是到2025年將利潤率提高20％。
TETRA Technology預計將在2024年進一步增長，並從其基礎業務中產生強勁的自由現金流，這表明未來表現良好。
More details: Tetra Technologies IR
更多詳情： 利樂科技紅外
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。