FET News and Press, Forum Energy Technologies Inc. From 02/23/21

Forum Energy (FET): Q4 Non-GAAP EPS of -$4.80 beats by $0.40; GAAP EPS of -$5.85 misses by $2.24.Revenue of $113M (-43.4% Y/Y) misses by $2M.Press Release For further details see: Forum Energy EPS beats by $0.40, misses on revenue

Bookings increased 34% sequentially to $124 million Revenue increased 9% sequentially to $113 million Net loss of $33 million and diluted EPS of negative $5.85 Adjusted EBITDA improved $7 million sequentially to negative $3 million Operating cash flow...

The recent rise in the completion activity following the energy price recovery can lead to FET's topline growth in Q4. The restructuring initiatives have reduced operating costs significantly over the past couple of years and can protect the margin from falling further. There are ...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2020 earnings conference call at 10:00 AM CST on Wednesday, February 24, 2021. Forum will issue a press release regarding its fourth quarter and full year 2020 earnings prior t...

Forum Energy Technologies, Inc. (NYSE: FET) today announced that on December 31, 2020 it completed the sale of assets associated with its ABZ and Quadrant valve brands to Anvil and Smith-Cooper International. Total consideration for the transaction was $105 million in cash. As part of t...

Image source: The Motley Fool. Forum Energy Technologies Inc (NYSE: FET) Q3 2020 Earnings Call Nov 6, 2020 , 10:00 a.m. ET Operator Continue reading For further details see: Forum Energy Technologies Inc (FET) Q3 2020 Earnings Call Transc...

Forum Energy Technologies, Inc. (FET) Q3 2020 Earnings Conference Call November 06, 2020, 10:00 ET Company Participants David Williams - EVP & CFO Christopher Gaut - President, CEO & Chairman Neal Lux - EVP, Operations Conference Call Participants Daniel Pickering - Pickering Energy P...

Forum Energy (FET): Q3 GAAP EPS of -$0.19 misses by $0.01.Revenue of $103.6M (-56.7% Y/Y) misses by $9.4M.Press Release For further details see: Forum Energy EPS misses by $0.01, misses on revenue

Revenue of $104 million Net loss of $22 million and diluted EPS of negative $0.19 Adjusted EBITDA of negative $10 million Operating cash flow of $4 million and free cash flow of $6 million Extended long-term debt maturity to 2025 and $129 million of l...

Forum Energy Technologies (FET) traded -5.7% in pre-market post its announcement of a 1-for-20 reverse stock split, par value $0.01/share, accompanied by a corresponding decrease in the Company’s authorized shares of common stock.Post the completion of reverse stock split, sh...