Forum Energy Technologies (FET) Tops Q4 EPS by 11c

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Go back to Forum Energy Technologies (FET) Tops Q4 EPS by 11c

Forum Energy Technologies Announces Fourth Quarter and Full Year 2018 Results

February 7, 2019 5:00 PM EST

Cash flow from operations of $27 million and free cash flow of $23 million in 4Q18 Revenue of $273 million in 4Q18, up 2% q/q Net loss of $384 million and adjusted EBITDA of $21 million in 4Q18

HOUSTON--(BUSINESS WIRE)-- Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2018 revenue of $273 million, an increase of $6 million, or 2%, from the third quarter 2018. Net loss for the quarter was $384 million, or $3.52 per diluted share, compared to net loss of $3 million, or $0.03 per... More