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Stock impact report

Forum Energy Technologies Provides Preliminary Third Quarter 2024 Selected Financial Results

Forum Energy Technologies, Inc. (FET) 
Last forum energy technologies, inc. earnings: 2/12 08:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.f-e-t.com
Company Research Source: Business Wire
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 millionBookings of approximately $205 million, compared to $180 millionAdjusted EBITDA of approximately $26 million, compared to $26 millionFree Cash Flow (before acquisitions) of approximately $24 million, compared to $21 millionThese preliminary Third Quarter 2024 revenue and Adjusted EBITDA results are within our previously announced guidance ranges. Provided below is a table reconciling GAAP to non-GAAP Second Quarter 2024 financial information.FET (Forum Energy Technologies) is a global manufacturing company, serving the oil, natural gas, industrial and renewable energy industries. With headquarters located in Houston, Texas, FET provides value added solutions aimed at improving the safety, efficiency, an Show less Read more
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