Flotek Industries, Inc. (NYSE: FTK), a technology-driven, specialty chemistry and data company, today announced that it is postponing its third quarter 2020 earnings results previously scheduled for Monday, November 9, 2020, and corresponding conference call scheduled for Tuesday, November 10, 2020.

As a result of market ongoing conditions impacted by COVID-19 and the subsequent decline in oil and gas demand, the Company is conducting an impairment analysis of long-lived assets related to the Company's Data Analytics segment, as of September 30, 2020.

The Company expects to file its Form 10-Q by Monday, November 16, 2020.

About Flotek Industries, Inc.

Flotek Industries, Inc. is a technology-driven, specialty chemistry and data company that serves customers across industrial, commercial and consumer markets. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality sanitizers and disinfectants for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and chemistry technologies. Flotek serves downstream, midstream and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit Flotek's web site at www.flotekind.com.