Forum Energy Technologies Q1 2024 Adj EPS $(0.12) Beats $(0.20) Estimate, Sales $202.400M Miss $212.050M Estimate

Forum Energy Technologies (NYSE:FET) reported quarterly losses of $(0.12) per share which beat the analyst consensus estimate of $(0.20) by 40 percent. This is a 233.33 percent decrease over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $202.400 million which missed the analyst consensus estimate of $212.050 million by 4.55 percent. This is a 7.09 percent increase over sales of $189.000 million the same period last year.