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August 1, 2024
Forum Energy Technologies Announces Second Quarter 2024 Results; Raises Free Cash Flow Guidance
Revenue: $205 million , an 11% year-over-year increase Net loss: $7 million , or $0.54 per diluted share Adjusted net loss: $1 million , or $0.07 per diluted share Adjusted EBITDA: $26 million , up 48% year-over-year Operating cash flow and free cash flow: $23 million and $21 million ,…
July 19, 2024
Forum Energy Technologies Announces Timing of Second Quarter 2024 Earnings Conference Call
HOUSTON --(BUSINESS WIRE)--Jul. 19, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, August 2, 2024 . FET will issue a press release reporting its second quarter 2024 earnings…
July 17, 2024
Forum Energy Technologies Announces $60 Million Senior Secured Notes Redemption
HOUSTON --(BUSINESS WIRE)--Jul. 17, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) today announced that it will redeem $60 million in aggregate principal amount of its 9.000% Convertible Senior Secured Notes due 2025 (“2025 Notes”) at par on August 16, 2024 .…
June 13, 2024
Forum Energy Technologies to Present at the J.P. Morgan 2024 Energy, Power and Renewables Conference
HOUSTON --(BUSINESS WIRE)--Jun. 13, 2024-- Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux , President and Chief Executive Officer is scheduled to present at the J.P. Morgan 2024 Energy, Power and Renewables Conference on Tuesday, June 18, 2024 , at 10:20 a.m.…
May 20, 2024
Forum Energy Technologies to Participate in Water Tower Fireside Chat
HOUSTON --(BUSINESS WIRE)--May 20, 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, will participate in a fireside chat with Water Tower Research on…
May 6, 2024
Forum Energy Technologies to Present at the Sidoti Virtual Investor Conference
HOUSTON --(BUSINESS WIRE)--May 6, 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 on…
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…
