Brief: Forum Energy Technologies Sees Q2 2020 Revenue $110 Million To $115 Million

Forum Energy Technologies

13/07/2020 22:29

July 13 (Reuters) - Forum Energy Technologies Inc  FET.N :
    * FORUM ENERGY TECHNOLOGIES, INC. ANNOUNCES PRELIMINARY
SECOND
QUARTER 2020 FINANCIAL RESULTS
    * SEES Q2 2020 REVENUE $110 MILLION TO $115 MILLION
    * FORUM ENERGY TECHNOLOGIES - FREE CASH FLOW AFTER CAPITAL
EXPENDITURES AND INTEREST EXPENSE FOR Q2 IS NOW EXPECTED TO BE
APPROXIMATELY NEGATIVE $6 MILLION
    * FORUM ENERGY TECHNOLOGIES - EXPECT SHARP DECREASES IN
REVENUE TO
HAVE A SIGNIFICANT NEGATIVE IMPACT ON Q2 FINANCIAL RESULTS

Source text for Eikon:  ID:nBw7pWSvTa 
Further company coverage:  FET.N 

 ((Reuters.Briefs@thomsonreuters.com;))