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Forum Energy Technologies, Inc. (NYSE:FET) Q1 2024 Earnings Call Transcript

Forum Energy Technologies, Inc. (NYSE:FET) Q1 2024 Earnings Call Transcript May 3, 2024 Forum Energy Technologies, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies First Quarter 2024 Earnings […] ....

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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. ....

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Forum Energy Technologies Announces First Quarter 2024 Results, Benefits from Variperm Acquisition

Forum Energy Technologies, Inc. today announced first quarter 2024 revenue of $202 million, a 9% sequential increase. Orders grew 28% sequentially to $204 million, with a book-to-bill ratio of 101%. The first quarter 2024 net loss was $10 million,. ....

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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. ....

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Forum Energy Technologies Announces Fourth Quarter and Full Year 2023 Results and Outlook

Forum Energy Technologies, Inc. today announced fourth quarter 2023 revenue of $185 million, a $6 million increase from the third quarter. The fourth quarter net loss was $17 million, or $1.64 per diluted share, compared to third quarter net income. ....

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