News Releases

October 14, 2020

Forum Energy Technologies Announces Timing of Third Quarter 2020 Earnings Release and Conference Call

HOUSTON --(BUSINESS WIRE)--Oct. 14, 2020-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2020 earnings at 9:00 AM CDT on Friday, November 6, 2020 . Forum will issue a press release regarding its third quarter 2020 earnings prior to the conference…

August 6, 2020

Forum Energy Technologies Announces Second Quarter 2020 Results

Revenue of $113 million Net loss of $(5) million and diluted EPS of $(0.05)   Adjusted EBITDA of $(11.6) million Cash flow from operations of $(3.6) million and free cash flow after capital expenditures of $(3.5) million HOUSTON --(BUSINESS WIRE)--Aug. 6, 2020-- Forum Energy Technologies, Inc.…

August 3, 2020

Forum Energy Technologies Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

HOUSTON --(BUSINESS WIRE)--Aug. 3, 2020-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host a conference call to discuss its recently announced successful debt exchange and its second quarter 2020 earnings at 9:00 AM CDT on Friday, August 7, 2020 .…

August 3, 2020

Forum Energy Technologies, Inc. Announces Expiration and Results of its Exchange Offer and Consent Solicitation

HOUSTON --(BUSINESS WIRE)--Aug. 3, 2020-- Forum Energy Technologies, Inc. (NYSE: FET) (“Forum” or the “Company”) announced today the expiration and results of its previously announced offer to exchange its existing notes for new 9.00% convertible secured notes due 2025.…

July 20, 2020

Forum Energy Technologies, Inc. Announces Preliminary Results of Pending Exchange Offer

HOUSTON --(BUSINESS WIRE)--Jul. 20, 2020-- Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that as of the preliminary tender deadline, which was 5:00 p.m. ET on July 17, 2020 , participation in its pending exchange offer for the 6.25% senior notes due 2021…

July 13, 2020

Forum Energy Technologies, Inc. Announces Preliminary Second Quarter 2020 Financial Results

HOUSTON --(BUSINESS WIRE)--Jul. 13, 2020-- Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced that revenue for the second quarter 2020 is now projected to be in the range of $110 to $115 million , a decline of approximately 37-40% from first quarter revenue of…

July 6, 2020

Forum Energy Technologies, Inc. Provides Market Update

HOUSTON --(BUSINESS WIRE)--Jul. 6, 2020-- Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today provided the following update on the status of its business: During the first half of 2020, the COVID-19 pandemic and associated actions taken around the world to mitigate the…

July 6, 2020

Forum Energy Technologies, Inc. Announces Commencement of Exchange Offer and Consent Solicitation for 6.250% Senior Notes due 2021

HOUSTON --(BUSINESS WIRE)--Jul. 6, 2020-- Forum Energy Technologies, Inc. (“Forum” or the “Company”) (NYSE: FET) today announced it has commenced an offer to exchange its existing notes for new 9.00% convertible secured notes due 2025. The new notes will pay interest at the rate of 9.00% (as…

June 30, 2020

Forum Energy Technologies, Inc. Announces Executive Management Changes

HOUSTON --(BUSINESS WIRE)--Jun. 30, 2020-- Forum Energy Technologies, Inc. (NYSE: FET) (the “Company”) announced today that, as part of its continuing cost reduction plan, the corporate executive team will be reduced and reorganized. Changes to the executive team will be effective July 10, 2020 and…

May 20, 2020

Joint Press Release of Forum US, Inc. and Howe-Baker International Ltd. Regarding Settlement of Litigation

HOUSTON --(BUSINESS WIRE)--May 20, 2020-- Forum US, Inc. and Howe-Baker International Ltd. , Howe-Baker LLC , Howe Baker International LLC and Omid Malek (collectively “Howe Baker International Ltd.”) have settled a lawsuit in which Forum US, Inc. had accused Howe-Baker International Ltd.…