FET - Earnings announcements

Orders: $221 million, book-to-bill ratio of 106% Revenue: $209 million Net income and adjusted net income: $4 million and $6 million Adjusted EBITDA: $23 million Share repurchases: $5 million returned to shareholders 2026 adjusted EBITDA guidance increased: $95 - $110 million Forum Energy Technologies, Inc. (NYSE:FET) today announced first quarter 2026 revenue of $209 million and net income of $4 million or $0.39 per diluted share. Adjusting for restructuring costs, net income was $6 million or approximately $0.47 per diluted share.1 Neal Lux, President and Chief Executive Officer, remarked, "FET's first quarter results continued our momentum from 2025, with revenue and

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its first quarter 2026 earnings conference call at 10:00 a.m. Central Time on Friday, May 1, 2026. FET will issue a press release reporting its first quarter 2026 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants may also join the call by registering here. A replay of the call will be available on the Investor Relations website after the completion of the call at approximately 5:00 p.m. Central Time. FET is a global manufacturing company, serving the oil, natural gas, defense, and renewable energy industries. With h

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its fourth quarter and full year 2025 earnings conference call at 10:00 a.m. Central Time on Friday, February 20, 2026. FET will issue a press release reporting its fourth quarter and full year 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants may also join the call by registering here. A replay of the call will be available on the Investor Relations website after the completion of the call at approximately 5:00 p.m. Central Time. FET is a global manufacturing company, serving the oil, natural gas, defense, and

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its third quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, October 31, 2025. FET will issue a press release reporting its third quarter 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants may also join the call by registering here. A replay of the call will be available on the Investor Relations website after the completion of the call at approximately 5:00 p.m. Central Time. FET is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its second quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, August 8, 2025. FET will issue a press release reporting its second quarter 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on th

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its first quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, May 2, 2025. FET will issue a press release reporting its first quarter 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on the Inves

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its fourth quarter and full year 2024 earnings conference call at 10:00 a.m. Central Time on Friday, February 21, 2025. FET will issue a press release reporting its fourth quarter and full year 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of t

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its third quarter 2024 earnings conference call at 10:00 a.m. Central Time on Friday, November 1, 2024. FET will issue a press release reporting its third quarter 2024 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on the

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 prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on th

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 to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on the Inv

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 release and investor conference call to allow time to assess valuation allowance reserves in an international jurisdiction and quantify the potential impact to income tax and net income. After careful review and analysis, including the company's independent auditors, the valuation allowance reserves remain unchanged. FET will issue a press release reporting its fourth quarter and full year 2023 earnings prior to the conference call. The call

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 results expected First Quarter and Full Year 2024 Guidance First Quarter 2024 Revenue and Adjusted EBITDA: $200 to $220 million and $23 to $27 million 2024 Adjusted EBITDA and Free cash flow: $100 to $120 million and $40 to $60 million Forum Energy Technologies, Inc. (NYSE:FET) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings re

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 quarter and full year 2023 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of

Forum Energy Technologies, Inc. (NYSE:FET) ("FET") today announced that it has entered into a definitive agreement to acquire Variperm Energy Services ("Variperm") for consideration of $150 million of cash and 2 million shares of FET's common stock, reflecting a valuation of approximately 3.7x Variperm's trailing twelve months EBITDA as of September 30, 2023. The transaction is expected to close in January 2024 and is subject to customary closing conditions and Canadian regulatory approval. "We are excited to have Variperm join the FET family. Variperm is a leading manufacturer of customized downhole technology solutions, providing sand and flow control products for heavy oil applications

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its third quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, November 3, 2023. FET will issue a press release reporting its third quarter 2023 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on th

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its second quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, August 4, 2023. FET will issue a press release reporting its second quarter 2023 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on th

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its first quarter 2023 earnings conference call at 10:00 a.m. Central Time on Friday, May 5, 2023. FET will issue a press release regarding its first quarter 2023 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Important note regarding the process for asking questions during the conference call: Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its fourth quarter and full year 2022 earnings conference call at 10:00 a.m. Central Standard Time on Tuesday, February 21, 2023. FET will issue a press release regarding its fourth quarter and full year 2022 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Important note regarding the process for asking questions during the conference call: Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants ar

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it has changed the date and time of its previously announced third quarter 2022 earnings conference call to 11:00 a.m. Central Standard Time on Wednesday, November 9, 2022. FET will issue a press release regarding its third quarter 2022 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Important note regarding the process for dialing in to the conference call: Participants who want to join the call and ask a question should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN for the c

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its third quarter 2022 earnings conference call at 10:00 a.m. Central Standard Time on Friday, November 11, 2022. FET will issue a press release regarding its third quarter 2022 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Important note regarding the process for dialing in to the conference call: Participants who want to join the call and ask a question should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN for the call. Participants are encouraged to log in to

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its second quarter 2022 earnings conference call at 10:00 AM CDT on Friday, August 5, 2022. Forum will issue a press release regarding its second quarter 2022 earnings prior to the conference call. The call will be webcast through the Investor Relations link on Forum's website at ir.f-e-t.com. Please note that the process for dialing in for the call has changed. Participants who want to join the call and ask a question should register on the Company's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN for the call. A listen-only webcast link will also be available on the

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 participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 8657545. The call will also be broadcast through the Investor Relations link on Forum's website at www.f-e-t.com. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. A replay of the call

  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 revenue to be deferred and costs to increase. In addition, the company incurred excess logistics and freight costs in an effort to mitigate these supply chain disruptions. Also, medical benefit costs were higher than expected in the fourth quarter due to the direct and indirect effects of the COVID pandemic. As a result of these factors, revenue and adjusted EBITDA for the fourth quarter of 2021 are now expected to be

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its third quarter 2021 earnings conference call at 10:00 AM CDT on Friday, November 5, 2021. Forum will issue a press release regarding its third quarter 2021 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 4292575. The call will also be broadcast through the Investor Relations link on Forum's website at www.f-e-t.com. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. A replay of the

Forum Energy Technologies, Inc. (NYSE:FET) announced today that it will host its second quarter 2021 earnings conference call at 10:00 AM CDT on Friday, August 6, 2021. Forum will issue a press release regarding its second quarter 2021 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 8579755. The call will also be broadcast through the Investor Relations link on Forum's website at www.f-e-t.com. Participants are encouraged to log in to the webcast or dial in to the conference call approximately ten minutes prior to the start time. A replay of the