FET News and Press, Forum Energy Technologies Inc. From 03/01/22

Forum Energy Technologies, Inc. (FET) Q4 2021 Results Conference Call March 1, 2022 11:00 AM ET Company Participants Lyle Williams - Chief Financial Officer Neal Lux - President & Chief Executive Officer Presentation Operator Good morning, ladies and gentlemen and welcome to the Forum Ene...

Forum Energy press release (NYSE:FET): Q4 Non-GAAP EPS of -$2.23. Revenue of $148.1M (+31.1% Y/Y) misses by $1.9M. For further details see: Forum Energy Non-GAAP EPS of -$2.23, revenue of $148.1M misses by $1.9M

Full Year 2021 Highlights Revenue increased $29 million year-over-year to $541 million Orders of $632 million and a book-to-bill ratio of 1.17 Net loss of $83 million Adjusted EBITDA increased $39 million to $20 million Acquired two new techno...

The push toward $100/bbl oil had seemed to be slowing this week, but reports on Friday that the U.S. believes Russia's Vladimir Putin could invade Ukraine "any day now" lifted crude to as high as $95/bbl and an eighth straight weekly advance. "The oil market was waiting for a major catalyst t...

Forum Energy Technologies (NYSE:FET) -3.8% pre-market after warning that Q4 EBITDA will come in below previous company guidance, hurt by supply chain disruptions which caused deferred revenue and higher costs. Forum Energy now expects Q4 revenues of $148M, within $145M-$155M guidance issued i...

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