Brief: Forum Energy Technologies Announces First Quarter 2023 Results And Reaffirms 2023 Guidance

Forum Energy Technologies

04/05/2023 23:17

May 4 (Reuters) - Forum Energy Technologies Inc  FET.N :
    * FORUM ENERGY TECHNOLOGIES ANNOUNCES FIRST QUARTER 2023
RESULTS
AND REAFFIRMS 2023 GUIDANCE
    * FORUM ENERGY TECHNOLOGIES INC Q1 ADJUSTED EARNINGS PER
SHARE
$0.09
    * FORUM ENERGY TECHNOLOGIES INC Q1 REVENUE ROSE 22 PERCENT
TO
$189.0 MILLION
    * FORUM ENERGY TECHNOLOGIES INC Q1 LOSS PER SHARE $0.34
    * FORUM ENERGY TECHNOLOGIES: FOR SECOND CONSECUTIVE QUARTER,
SEES
INTERNATIONAL, OFFSHORE ACTIVITY TO OFFSET SOFTNESS IN U.S.
DRILLING & COMPLETIONS MARKETS
    * FORUM ENERGY TECHNOLOGIES INC - Q2 2023 ADJUSTED EBITDA IS
FORECASTED TO BE IN RANGE OF $16 TO $20 MILLION

Source text for Eikon:  ID:nBw6mD8Nqa 
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 ((Reuters.Briefs@thomsonreuters.com;))