Flotek Industries is exploding higher today after the company announced an increase to its 2026 guidance for total revenue and Adjusted EBITDA early this morning. This positive outlook appears to have temporarily shifted investor focus away from the wave of securities class action lawsuits filed against the firm over the past few days. These legal actions stem from the company's previous announcement and subsequent termination of a $400 million contract with Puerto Rico's Electric Power Authority, which had represented 57% of its backlog.