FET News and Press, Forum Energy Technologies Inc. From 02/07/22

Forum Energy Technologies, Inc. (NYSE: FET) today announced that fourth quarter 2021 operating results are expected to be below previously provided guidance levels. Results in the fourth quarter were negatively affected by further supply chain disruptions, which caused both reve...

Forum Energy Technologies (NYSE:FET) says current Executive VP and COO Neal Lux is appointed the company’s new President and CEO, effective February 18. Current Chairman, President and CEO Christopher Gaut will become Executive Chairman on that date. Lux joined Forum Energy in early 20...

Forum Energy Technologies, Inc. (NYSE: FET) today announced that as part of the company’s executive management succession planning process, its Board of Directors appointed Mr. Neal Lux as President and Chief Executive Officer, effective February 18, 2022. Mr. Lux currently serve...

Forum Energy Technologies, Inc. (FET) Q3 2021 Earnings Conference Call November 05, 2021 11:00 AM ET Company Participants Lyle Williams - Chief Financial Officer Chris Gaut - Chairman and Chief Executive Officer Neal Lux - Chief Operating Officer Conference Call Participants Ian MacPherson - ...

Forum Energy (NYSE:FET): Q3 GAAP EPS of -$2.05 misses by $0.72. Revenue of $141M (+36.1% Y/Y) misses by $9M. Press Release For further details see: Forum Energy EPS misses by $0.72, misses on revenue

Revenue of $141 million, a 3% sequential increase Orders of $176 million, up 11% sequentially and book-to-bill ratio of 1.25 Net loss of $12 million and diluted EPS of negative $2.05 Adjusted EBITDA of $7 million, a 9% sequential increase $10 million ...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2021 earnings conference call at 10:00 AM CDT on Friday, November 5, 2021. Forum will issue a press release regarding its third quarter 2021 earnings prior to the conference call. To part...

Forum Energy Technologies, Inc. (NYSE: FET) today announced that it has entered into an amendment to its asset-based revolving credit facility (the “Credit Facility”). The key elements of the amendment include: (i) the maturity has been extended, subject to certain excepti...

Forum Energy Technologies, Inc. (FET) Q2 2021 Earnings Conference Call August 6, 2021 11:00 AM ET Company Participants Lyle Williams – Chief Financial Officer Chris Gaut – Chairman and Chief Executive Officer Neal Lux – Chief Operating Officer Conference Call Participants...

Forum Energy (NYSE:FET): Q2 Non-GAAP EPS of -$2.66; GAAP EPS of -$3.87 misses by $2.12. Revenue of $137M (+20.9% Y/Y) beats by $7M. Press Release For further details see: Forum Energy EPS misses by $2.12, beats on revenue