Forum Energy Technologies, Inc. (FET) News
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FET News Highlights
- FET's 30 day story count now stands at 4.
- Over the past 22 days, the trend for FET's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- CFR, LOAN and APR are the most mentioned tickers in articles about FET.
Latest FET News From Around the Web
Below are the latest news stories about Forum Energy Technologies Inc that investors may wish to consider to help them evaluate FET as an investment opportunity.
Forum Energy Technologies, Inc. to Host Earnings CallNEW YORK, NY / ACCESSWIRE / May 7, 2021 / Forum Energy Technologies, Inc. (NYSE:FET) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 7, 2021 at 11:00 AM Eastern Time. |
Forum Energy Technologies Announces First Quarter 2021 ResultsForum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2021 revenue of $115 million, an increase of $2 million from the fourth quarter 2020. Net loss for the quarter was $30 million, or $5.28 per diluted share, compared to a net loss of $33 million, or $5.85 per diluted share, for the fourth quarter 2020. Excluding $8 million, or $1.33 per share of special items, adjusted net loss was $3.95 per diluted share in the first quarter 2021, compared to an adjusted net loss of $4.80 per diluted share in the fourth quarter 2020. Adjusted EBITDA was $2 million in the first quarter 2021, an improvement of approximately $5 million from the fourth quarter 2020. |
Tailwind Smith Cooper Intermediate Corp. -- Moody's affirms Tailwind Smith Cooper's B3 CFR; outlook stableRating Action: Moody's affirms Tailwind Smith Cooper's B3 CFR; outlook stableGlobal Credit Research - 27 Apr 2021New York, April 27, 2021 -- Moody's Investors Service, ("Moody's") today affirmed the ratings of Tailwind Smith Cooper Intermediate Corp. (aka ASC Engineered Solutions). The company's Corporate Family Rating (CFR) and Probability of Default Ratings were affirmed at B3 and B3-PD, respectively. Concurrently, Moody's affirmed the company's first-lien senior secured term loan rating and the second-lien senior secured term loan ratings at B3 and Caa2, respectively. |
Forum Energy Technologies Announces Timing of First Quarter 2021 Earnings Release and Conference CallForum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2021 earnings conference call at 10:00 AM CDT on Friday, May 7, 2021. Forum will issue a press release regarding its first quarter 2021 earnings prior to the conference call. |
Forum Energy Technologies Targets Growth in South AmericaU.S.-based oilfield products supplier Forum Energy Technologies (FET) said it has entered into a partnership with Deepsea… |
Forum Energy Technologies Announces Fourth Quarter 2020 ResultsForum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2020 revenue of $113 million, an increase of $9 million from the third quarter 2020. Orders received in the quarter increased by $32 million to $124 million. Net loss for the quarter was $33 million, or $5.85 per diluted share, compared to a net loss of $22 million, or $3.86 per diluted share, for the third quarter 2020. Excluding $6 million, or $1.05 per share of special items, adjusted net loss was $4.80 per diluted share in the fourth quarter 2020, compared to an adjusted net loss of $6.00 per diluted share in the third quarter 2020. Adjusted EBITDA improved by $7 million sequentially to negative $2.6 million. |
Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Conference CallHOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2020 earnings conference call at 10:00 AM CST on Wednesday, February 24, 2021. Forum will issue a press release regarding its fourth quarter and full year 2020 earnings prior to the conference call. To participate in the earnings conference call, please call 855-757-8876 within North America, or 631-485-4851 outside of North America. The access code is 1286195 |
Is Forum Energy Technologies (FET) A Good Stock To Buy Now?The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […] |
Forum Energy Technologies Inc (FET) Q3 2020 Earnings Call TranscriptWith me today are Chris Gaut, Forum's Chairman and Chief Executive Officer; and Neal Lux, our Executive Vice President of Operations. Before we begin, we would like to caution listeners regarding forward-looking statements. |