|Bid||22.39 x 1400|
|Ask||22.57 x 1200|
|Day's Range||21.65 - 23.16|
|52 Week Range||3.00 - 23.16|
|Beta (5Y Monthly)||4.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 05, 2021 - May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.50|
NEW YORK, NY / ACCESSWIRE / February 24, 2021 / Forum Energy Technologies, Inc. (NYSE:FET) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 24, 2021 at 11:00 AM Eastern Time.
Forum 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.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Forum Energy Technologies, Inc.Global Credit Research - 19 Feb 2021New York, February 19, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Forum Energy Technologies, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 17 February 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology (ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.