Tetra Technologies, Inc. (TTI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Great. Thank you, Chloe. Good morning, and thank you for joining Tetra's second quarter 2025 earnings call. The speakers for today will be Brady Murphy, Chief Executive Officer, and Aligio Serrano, Chief Financial Officer. I'd like to remind you that this conference call may contain statements that are or may be deemed to be forward-looking, including projections, financial guidance, profitability, and estimated earnings. These statements are based on certain assumptions and analysis made by Tetra and are subject to several risks and uncertainties, many of which are beyond the company's control. Your caution that such statements are not guaranteed of future performance and that actual results may differ materially from those projected in the forward-looking statements. In addition, we may refer to EBITDA, adjusted EBITDA, adjusted EBITDA margin, free cash flow, net debt, net leverage ratio, liquidity, returns on net capital employed, or other non-GAAP financial measures. Please refer to our press release for reconciliations of non-GAAP to the GAAP measures. These reconciliations are not a substitute for financial information prepared in accordance with GAAP and should be considered within the context of our complete financial results for the period. We also encourage you to refer to our 10-Q that was filed yesterday. Before turning it over to Brady, I want to remind everyone that Tetra's executive team will be hosting an investor day on Thursday, September 25th, 2025 at the New York Stock Exchange. During the session, attendees will gain insights into the company's operational performance, innovative technologies, emerging growth initiatives, and financial prospects. The registration link can be found in the investor section of our website. Brady? Thank you, Kurt. Go...