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Flotek Industries, Inc.: Flotek Industries, Inc. Announces Record 3rd Quarter Earnings of $0.40 per Share

Tue, 24 Oct 2006 4:00:00 PDT

HOUSTON, TX (MARKET WIRE) Flotek Industries, Inc. (AMEX: FTK) announced record net earnings for the quarter ended September 30, 2006 of $3.5 million or $0.40 per common share ($0.37 per diluted common share). These results compare with third quarter 2005 net earnings of $1.8 million or $0.24 per common share ($0.21 per diluted common share). This near doubling in net earnings was driven by higher sales volumes and increased

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