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May 2, 2024
Forum Energy Technologies Announces First Quarter 2024 Results, Benefits from Variperm Acquisition
Revenue: $202 million , 9% sequential increase Orders: $204 million and book-to-bill ratio of 101% Net loss: $10 million and diluted EPS of $0.85 Adjusted EBITDA: $26 million , 69% sequential increase Operating cash flow and free cash flow: $5 million and $2 million , respectively Reaffirms full…
April 16, 2024
Forum Energy Technologies Announces Timing of First Quarter 2024 Earnings Conference Call
HOUSTON --(BUSINESS WIRE)--Apr. 16, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, May 3, 2024 . FET will issue a press release reporting its first quarter 2024 earnings prior…
February 29, 2024
Forum Energy Technologies Announces Fourth Quarter and Full Year 2023 Results and Outlook
Full Year 2023 Highlights and 2024 Guidance Revenue: $739 million , a 6% year-over-year increase Orders: $724 million and book-to-bill ratio of 98% Net loss: $19 million , or diluted EPS of $1.85 Adjusted EBITDA: $67 million , a 14% increase from 2022 2024 Adjusted EBITDA guidance: $100 - $120…
February 28, 2024
Forum Energy Technologies Reschedules Fourth Quarter and Full Year 2023 Earnings Conference Call
HOUSTON --(BUSINESS WIRE)--Feb. 28, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Friday, March 1, 2024 . FET delayed its fourth quarter and full year 2023 earnings…
February 19, 2024
Forum Energy Technologies to Delay Issuance of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance
Preliminary Full Year 2023 Results Revenue: $739 million , a 6% year-over-year increase Orders: $724 million and book-to-bill ratio of 98% Adjusted EBITDA: Between $67 and $69 million Results delayed for finalization of valuation allowance reserve release, if any No meaningful impact to above…
January 23, 2024
Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2023 Earnings Conference Call
HOUSTON --(BUSINESS WIRE)--Jan. 23, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Tuesday, February 20, 2024 . FET will issue a press release reporting its fourth…
January 16, 2024
Forum Energy Technologies to Present at the Sidoti Virtual Investor Conference
HOUSTON --(BUSINESS WIRE)--Jan. 16, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux , President and Chief Executive Officer, and Lyle Williams , Executive Vice President and Chief Financial Officer, are scheduled to present at the Sidoti Virtual Investor Conference…
January 5, 2024
Forum Energy Technologies Completes Acquisition of Variperm Energy Services
HOUSTON --(BUSINESS WIRE)--Jan. 5, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) today announced it has completed the acquisition of Variperm Energy Services (“Variperm”), a leading manufacturer of customized downhole technology solutions, providing sand and flow control products for heavy oil…