Financial Performance - Forum Energy Technologies, Inc. announced preliminary results for Q3 2024, with revenue and Adjusted EBITDA yet to be finalized[3] Bond Offering - The company is contemplating an offering of $100.0 million in USD denominated 5-year senior secured bonds, subject to market conditions[4] - Net proceeds from the bond offering will be used to redeem all outstanding 9.000% Convertible Senior Secured Notes due 2025 and repay borrowings under the seller term loan related to the acquisition of Variperm Energy Services[4]

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HOUSTON, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Forum Energy Technologies, Inc. (NYSE: FET) ("FET"), a global designer, manufacturer and distributor of products to the oil, natural gas, industrial and renewable energy industries, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. FET's management team is scheduled to present on Wednesday, September 4th at 11 a.m. Pacific Time (PT). The presentation will be webcast live ...

Forum Energy Technologies, Inc. (NYSE:FET) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Rob Kukla - Director of IR Neal Lux - President, CEO & Director Lyle Williams - EVP & CFO Conference Call Participants David Storms - Stonegate Capital Markets Daniel Pickering - Pickering Energy Partners Jeffrey Robertson - Water Tower Research Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Second Quarter 2024 Earnings Conference Call. My nam ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ Form 10-Q ___________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-35504 FORUM ENERGY TECHNOLOGIES, INC. (Exact n ...

Exhibit 99.1 Forum Energy Technologies Announces Second Quarter 2024 Results; Raises Free Cash Flow Guidance • Revenue: $205 million, an 11% year-over-year increase • Net loss: $7 million, or $0.54 per diluted share • Adjusted net loss: $1 million, or $0.07 per diluted share • Adjusted EBITDA: $26 million, up 48% year-over-year • Operating cash flow and free cash flow: $23 million and $21 million, respectively • Raises 2024 full year free cash flow guidance: $50 to $70 million HOUSTON, TEXAS, August 1, 2024 ...

On November 1, 2023, Forum Energy Technologies, Inc., a Delaware corporation ("Forum") and Forum Canada ULC, an Alberta corporation and a wholly owned subsidiary of Forum (the "Purchaser"), entered into a Stock Purchase Agreement (the "Purchase Agreement") with (i) Variperm Holdings Ltd., an Alberta corporation ("Variperm"), (ii) Variperm Energy Services Partnership, an Alberta general partnership ("VES Partnership"), (iii) Jamie Olson, a resident of Alberta ("Olson"), (iv) Elise Robertson, a resident of Al ...

Bitcoin and Fetch.ai stand out as two cryptos that could skyrocket in value in the second half of 2024. With new signs that a crypto bull market has arrived, it could be time to look for new coins to add to your portfolio. Of course, the most promising crypto investments are those with new catalysts in place that can help them soar in value throughout 2024. With that in mind, there are two cryptocurrency coins on my radar right now: Bitcoin (BTC -1.14%) and Fetch.ai (FET 0.34%). Both have new catalysts in p ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, are scheduled to present at the Sidoti Virtual Investor Conference on Wednesday, May 8, 2024 at 12:15 p.m. Eastern Time.The presentation can be accessed live at the following link:https://sidoti.zoom.us/webinar/register/WN_NDUsKoIBRg2QPKXFQ8-OLgA link to the live webcast and the presentation slides ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, are scheduled to present at the Sidoti Virtual Investor Conference on Wednesday, May 8, 2024 at 12:15 p.m. Eastern Time. The presentation can be accessed live at the following link: https://sidoti.zoom.us/webinar/register/WN_NDUsKoIBRg2QPKXFQ8-OLg A link to the live webcast and the presentation sli ...