Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q3 24 [Yahoo! Finance]
Forum Energy Technologies, Inc. (FET)
Last forum energy technologies, inc. earnings: 2/12 08:25 pm
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US:NYSE Investor Relations:
ir.f-e-t.com
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Source: Yahoo! Finance
on Forum Energy Technologies, Inc. (NYSE: FET). FET reported revenue, adj EBITDA, and adj net income of $207.8M, $25.8M, and ($2.3)M, respectively. This compares to our/consensus estimates of $211.3M/$214.5M, $26.3M/$26.8M, and ($4.4)M/$0.7M. It is noted that revenues were in-line with our expectations. GPM was slightly ahead of expectations, resulting in stronger operating profits. Adj. EBITDA margins were in-line with expectations at 12.4%. Adj. NI was slightly ahead of our expectations due to stronger than expected OPM. To view the full announcement, including downloadable images, bios, and more, click here Key Takeaways: Debt refinancing completed in the quarter Artificial lift and equipment segment orders increased 9.0% Drilling and Completions segment saw a Q/Q revenue increase of 5.6% to $123.6M Click image above to view full announcement. About Stonegate Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity r
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FET
News
- Forum Energy Technologies to Present at November 21st Virtual Investor Summit Microcap EventAccesswire
- Forum Energy Technologies Announces Closing of $100 Million Senior Secured Bond IssuanceBusiness Wire
- Forum Energy Technologies, Inc. (FET) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Forum Energy Technologies Announces Third Quarter 2024 Results; Raises Free Cash Flow Guidance [Yahoo! Finance]Yahoo! Finance
- Forum Energy Technologies Announces Third Quarter 2024 Results; Raises Free Cash Flow GuidanceBusiness Wire
FET
Earnings
- 5/2/24 - Beat
FET
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- FET's page on the SEC website