FET Stock Recent News

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (the “Company” or “FET”) today announced the following preliminary selected Third Quarter 2024 financial results, compared to the Second Quarter 2024. Revenue of approximately $208 million, compared to $205 million Bookings of approximately $205 million, compared to $180 million Adjusted EBITDA of approximately $26 million, compared to $26 million Free Cash Flow (before acquisitions) of approximately $24 million, compared to.

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) announced today the commencement of a backstopped private offering of USD $100.0 million aggregate principal amount of 5-year senior secured bonds (the “Offering”). FET intends to use the net proceeds from the Offering, together with cash on hand, to redeem in full all outstanding 9.000% Convertible Senior Secured Notes due 2025 (the “2025 Notes”) and to repay all borrowings outstanding under the seller term loan issu.

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HOUSTON--(BUSINESS WIRE)--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 Wednesday, October 9, 2024 at 10:00 a.m. Central Time. The event is open access and interested parties can register through the following link: https://us06web.zoom.us/webinar/register/WN__3UUoA50RWS9BRlXns1M-Q A link to.

HOUSTON--(BUSINESS WIRE)--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 Rel.

HOUSTON, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Forum Energy Technologies, Inc. (NYSE: FET) (“FET”), a global designer, manufacturer and distributor of products to the oil, natural gas, industrial and renewable energy industries, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA.

HOUSTON, Texas--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Lyle Williams, Chief Financial Officer, will present at the EnerCom Denver – The Energy Investment Conference. Mr. Williams' presentation is scheduled for Tuesday, August 20, 2024, at 9:45 a.m. Mountain Time. A link to the live webcast and the presentation slides will be available on FET's Investor Relations web page at ir.f-e-t.com. A live webcast of the presentation will also be available on the.

Forum Energy Technologies, Inc. (NYSE:FET ) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President, CEO & Director Lyle Williams - EVP & CFO Conference Call Participants David Storms - Stonegate Capital Markets Daniel Pickering - Pickering Energy Partners Jeffrey Robertson - Water Tower Research Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Second Quarter 2024 Earnings Conference Call. My name is Gigi, and I'll be your coordinator for today's call.

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2024 revenue of $205 million, a 1% sequential increase, despite a 5% decline in global rig count. Orders declined 12% sequentially to $180 million, with a book-to-bill ratio of 88%. The second quarter 2024 net loss was $7 million, or $0.54 per diluted share, compared to a net loss of $10 million, or $0.85 per diluted share, for the first quarter 2024. Second quarter 2024 special items, on a pre-.

HOUSTON--(BUSINESS WIRE)--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 Rel.