FET News and Press, Forum Energy Technologies Inc. From 05/07/20

Forum Energy (NYSE: FET ): Q1 Non-GAAP EPS of -$0.20 misses by $0.08 ; GAAP EPS of -$0.33 misses by $0.22 . More news on: Forum Energy Technologies, Inc., Earnings news and commentary, Energy stocks news, , Read more ...

Revenue of $183 million Net loss of $37 million and diluted EPS of $(0.33) Adjusted EBITDA of $1.3 million Cash flow from operations of $1.6 million and free cash flow after capital expenditures of $0.7 million Net debt reduced by $6.9 million from year end 2019 ...

Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) today announced that its Board of Directors has approved the adoption of a limited duration Stockholder Rights Plan (the “Rights Plan”), effective April 29, 2020. The Rights Plan is similar to plans adopte...

Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today that it is extending to 11:59 p.m., New York City Time, on May 12, 2020 the Early Tender and Consent Date (as defined in the Company’s Offer to Purchase and Consent Solici...

Forum Energy Technologies, Inc. (NYSE:FET) (“Forum”) announced today a change in the location for its 2020 Annual Meeting of Stockholders (the “Annual Meeting”). As previously announced, the Annual Meeting will be held at 8:00 a.m., Central Daylight Time, on May 12...

Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) today announced the commencement of a modified “Dutch Auction” tender offer and consent solicitation (the “Offer”) for a portion of its outstanding 6.250% Senior Note...

Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or, the “Company”) today announced a financial update in view of the significant impact that the COVID-19 pandemic and the collapse in oil and gas prices are having on drilling and completion activity, and demand...

Forum Energy Technologies (NYSE: FET ) says its results of operations, including operating cash flow, for Q1 and FY 2020 all will be hurt by the collapse in oil prices and the deteriorating outlook for drilling and completions spending. More news on: Forum Energy Technologies, Inc., Ener...

Forum Energy Technologies, Inc. (NYSE: FET) (the “Company” or “Forum”) today provided the following update on the status of the business: Cris Gaut, Chairman and Chief Executive Officer of the Company said, “We are closely monitoring the impact of COVID-19 t...

Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) today announced that on March 10, 2020, the Company was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of shares of its common stock over ...