Flotek Industries (NYSE: FTK) reported earnings on Wednesday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Flotek Industries missed slightly on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly, and GAAP earnings per share improved.

Margins expanded across the board.

Revenue details
Flotek Industries chalked up revenue of $74.9 million. The four analysts polled by S&P Capital IQ looked for revenue of $76.3 million on the same basis. GAAP reported sales were 58% higher than the prior-year quarter's $47.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.02. The three earnings estimates compiled by S&P Capital IQ predicted $0.15 per share. GAAP EPS were $0.02 for Q4 compared to -$0.94 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 42.3%, 530 basis points better than the prior-year quarter. Operating margin was 20.8%, 760 basis points better than the prior-year quarter. Net margin was 1.3%, 5,740 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $77.9 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $330 million. The average EPS estimate is $0.89.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 760 members rating the stock outperform and 35 members rating it underperform. Among 181 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 171 give Flotek Industries a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Flotek Industries is buy, with an average price target of $16.50.

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