
Flotek Industries Q4 and Operational Update
Flotek Industries, Inc. (ticker: FTK) provided an update on the company’s cost reduction program and guidance for the three months-ended Dec. 31, 2017. Selling, general and administrative (G&A) costs, excluding non-cash compensation expenses, are expected to be near the low end of the $15 million – $16 million guidance range provided on last quarter’s conference call. Flotek expects its revenues