FTS International: 1Q Earnings Snapshot
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FORT WORTH, Texas (AP) _ FTS International Inc. (FTSI) on Tuesday reported first-quarter profit of $78.7 million.
On a per-share basis, the Fort Worth, Texas-based company said it had profit of $5.68. Earnings, adjusted to extinguish debt, came to $5.79 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.
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The provider of hydraulic fracturing services posted revenue of $467.5 million in the period.
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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on FTSI at https://www.zacks.com/ap/FTSI