Brief: Forum Energy Technologies Reports Q2 Loss Per Share $0.05

Forum Energy Technologies

06/08/2020 23:31

Aug 6 (Reuters) - Forum Energy Technologies Inc  FET.N :
    * FORUM ENERGY TECHNOLOGIES ANNOUNCES SECOND QUARTER 2020
RESULTS
    * Q2 LOSS PER SHARE $0.05
    * Q2 REVENUE $113 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $-0.30 -- REFINITIV IBES
DATA
    * Q2 ADJUSTED LOSS PER SHARE $0.29 EXCLUDING ITEMS
    * SPECIAL ITEMS IN Q2 2020, ON A PRE-TAX BASIS, INCLUDED A
$36
MILLION GAIN ON EXTINGUISHMENT OF DEBT
    * CUSTOMER SPENDING HAS BEEN 'EXCEPTIONALLY' WEAK, IMPACTING
DEMAND FOR MANY OF FORUM'S PRODUCTS

Source text for Eikon:  ID:nBw35WGDba 
Further company coverage:  FET.N 

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