FET News and Press, Forum Energy Technologies Inc. From 05/05/22

Revenue of $155 million, a 5% sequential increase Orders of $165 million and book-to-bill ratio of 1.06 Net loss of $9 million and diluted EPS of negative $1.62 Adjusted EBITDA of $9 million, a sequential increase of $5 million, or 112% Forum Ener...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any  of Tom’s potential 100x picks,  subscribe to his mailing list here . Did the Gove...

Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2022 earnings conference call at 10:00 AM CDT on Friday, May 6, 2022. Forum will issue a press release regarding its first quarter 2022 earnings prior to the conference call. To participa...

Lower backlog in Drilling & Downhole and Completions segments indicates weaker revenue visibility in the short term. Forum Energy sees increased volume in artificial lift products, new well completions, and well workovers. It continues to diversify into methane emissions contr...

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...