Forum Energy Technologies (FET) Tops Q3 EPS by 1c, Revenues Miss

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Forum Energy Technologies Announces Third Quarter 2018 Results

October 29, 2018 5:33 PM EDT

Orders of $275 million in 3Q18, book to bill ratio of 103% Revenue of $267 million in 3Q18, up 34% y/y and (3%) q/q Diluted EPS of $(0.03) and adjusted EPS of $0.03 in 3Q18 Adjusted EBITDA of $29 million in 3Q18, up 393% y/y and 7% q/q

HOUSTON--(BUSINESS WIRE)-- Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2018 revenue of $267 million, a decrease of $7 million, or 3%, from the second quarter 2018. Net loss for the... More