{"filings":[{"id":472996,"accession_number":"0001401257-26-000042","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K/A","filed_at":"2026-05-15T21:15:50+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Q4 revenue $202M, adj EPS $0.41; guides 2026 EBITDA up 16%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $202.2M, net income $2.1M ($0.17 diluted); adjusted net income $5.0M ($0.41).","Adjusted EBITDA $23M; full-year free cash flow $80M; repurchased 11% of shares ($35M).","Backlog $312M at year-end, highest in 11 years, up 46% YoY; 12% from new products.","FY 2026 guidance: revenue $800-880M, adj EBITDA $90-110M (16% YoY growth), FCF $55-75M.","Drilling & Completions revenue +8% QoQ; Artificial Lift revenue -4% but EBITDA flat."],"consensus_eps_estimate":0.4444,"consensus_eps_actual":0.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":208700000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":30001,"accession_number":"0001401257-26-000039","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2026-05-12T15:49:50+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"FET shareholders approve 625,000-share stock plan increase, re-elect directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved Fourth Amendment to 2016 Stock Plan, increasing shares available by 625,000 (7.45M for, 229.5k against).","Class II directors Evelyn Angelle, John Carrig, and Neal Lux re-elected with >7.2M votes for each.","Advisory vote on named executive officer compensation passed (7.52M for, 155k against).","Ratification of Deloitte & Touche as independent auditor for 2026 passed (9.29M for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92636,"accession_number":"0001401257-26-000030","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET Q1 revenue $209M, adj. EBITDA $23M; raises FY 2026 adj. EBITDA guidance to $95–110M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $209M, net income $4M ($0.39 diluted); adjusted net income $6M ($0.47 adjusted diluted EPS).","Adjusted EBITDA of $23M up 14% YoY; orders $221M, book-to-bill 106%.","Full-year 2026 adjusted EBITDA guidance raised to $95–110M (midpoint $103M), representing ~20% YoY growth.","Drilling & Completions segment adj. EBITDA $13M (+6% QoQ); Artificial Lift & Downhole revenue $82M (+9% QoQ).","$5M returned to shareholders via share repurchases in Q1."],"consensus_eps_estimate":0.4444,"consensus_eps_actual":0.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":208700000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103607,"accession_number":"0001401257-26-000010","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET Q4 rev $202M, adj net income $5M; guides FY2026 EBITDA +16% at midpoint","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $2.1M ($0.17 diluted EPS); adj net income $5.0M ($0.41 adj diluted EPS).","Full year 2025 free cash flow $80M; repurchased 1.4M shares (11% of outstanding) for $35M.","Backlog $312M, highest in 11 years, up 46% YoY; book-to-bill 113% for full year.","FY2026 guidance: rev $800-880M (+6%), adj EBITDA $90-110M (+16%), free cash flow $55-75M.","Drilling & Completions rev $127M (+8% QoQ); Artificial Lift & Downhole rev $75M (-4% QoQ)."],"consensus_eps_estimate":0.3636,"consensus_eps_actual":-0.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":791474000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103606,"accession_number":"0001401257-26-000005","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Forum Energy extends credit facility maturity to 2031, reduces SOFR margin by 25 bps","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity date of $125M ABL credit facility extended from Sep 8, 2028 to Feb 4, 2031.","Interest rate margin over SOFR reduced from 2.25%-2.75% to 2.00%-2.50%, based on excess availability.","U.S. letter of credit sublimit increased from $70M to $100M; Canadian sublimit unchanged at $10M.","Amendment effective upon satisfaction of specified conditions precedent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103605,"accession_number":"0001401257-26-000002","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2026-01-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Forum Energy Technologies appoints Leslie A. Beyer to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed effective January 12, 2026; will stand for election as Class I director at 2028 annual meeting.","Will serve on Compensation and Human Capital Committee and Nominating, Governance and Sustainability Committee.","Received initial restricted stock award valued at approximately $150,000, consistent with other non-employee directors.","Entered into standard indemnification agreement; no arrangements or undisclosed transactions with any person."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119875,"accession_number":"0001401257-25-000106","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET Q3 2025: Revenue $196M; adj EBITDA $23M (+13% QoQ); raises FY FCF guide to $70-80M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $21M ($1.76 diluted loss); adj net income $3M ($0.27 diluted EPS).","Adjusted EBITDA $23M, up 13% sequentially; orders $240M, book-to-bill 122%.","Free cash flow $28M; FY2025 FCF guidance raised to $70-80M.","Repurchased 635k shares for $15M; YTD repurchases 8% of outstanding shares.","Q4 2025 adj EBITDA guidance $19-23M; net leverage 1.3x achieved ahead of schedule."],"consensus_eps_estimate":0.1919,"consensus_eps_actual":-0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":589274000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136441,"accession_number":"0001401257-25-000099","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Leslie A. Beyer retires from FET board after confirmation as Interior official","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Beyer retired effective September 18, 2025, upon confirmation as Assistant Secretary of the Interior for Lands and Minerals Management.","Departure is not the result of any disagreement with FET on operations, policies, or practices.","No replacement for Beyer's board seat was announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136440,"accession_number":"0001401257-25-000087","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET Q2 revenue $200M, net income $8M, raises FY free cash flow guidance to $60-80M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $200M (+3% sequential); net income $8M ($0.61 diluted EPS); adjusted EBITDA $21M (+2% seq).","Orders $263M, 132% book-to-bill; backlog highest in over ten years.","Raises 2025 free cash flow guidance to $60-$80M; Q3 adjusted EBITDA expected $19-$23M.","Repurchased 579k shares for $11M YTD; plans another ~10% of shares outstanding.","Drilling & Completions orders +35% to $178M; Artificial Lift & Downhole adj. EBITDA +24% to $17M."],"consensus_eps_estimate":0.1212,"consensus_eps_actual":0.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":393043000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153593,"accession_number":"0001401257-25-000082","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Forum Energy appoints Aron Marquez and Mark Smith to its board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded to nine; Marquez appointed Class III director (term expiring 2027).","Smith appointed Class I director (term expiring 2028); both receive standard non-employee director compensation.","Each director receives restricted stock award valued at approximately $75,000.","Marquez will serve on Nominating, Governance & Sustainability and Compensation committees.","Smith will serve on Audit and Compensation & Human Capital committees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153592,"accession_number":"0001401257-25-000072","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["5.02","5.07","5.03","7.01","9.01"],"status":"ready","headline":"Forum Energy Technologies Stockholders Approve Plan Amendments and Appoint Michael McShane Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stockholders approved Plan Amendment increasing shares available under 2016 Stock Plan by 600,000 shares.","Stockholders approved Charter Amendment increasing authorized shares of common stock.","Elected Leslie A. Beyer and Louis A. Raspino, Jr. as Class I directors for three-year terms.","On non-binding basis, approved executive compensation and set annual say-on-pay votes.","Michael McShane appointed non-executive Chairman, succeeding C. Christopher Gaut who retired after over 20 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153591,"accession_number":"0001401257-25-000058","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Q1 revenue $193M, net income $1M; maintains FY free cash flow guidance $40-60M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $193M, net income $1M ($0.09 diluted EPS); adjusted net income $500k ($0.04 diluted EPS).","Adjusted EBITDA $20M; orders $201M, book-to-bill 104%.","Operating cash flow $9M, free cash flow $7M (7th consecutive positive quarter).","Drilling & Completions segment rev $116M (+4%), EBITDA $12M (+31%); Subsea orders up ~60%.","Artificial Lift & Downhole segment rev $78M (-13%), EBITDA $14M (-30%); FY FCF guidance unchanged $40-60M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":193279000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172302,"accession_number":"0001401257-25-000008","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET FY 2024 revenue $816M, adj. EBITDA $100M (+49%), guides 2025 EBITDA $85-105M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $816M in 2024, up 10% YoY; Q4 revenue $201M.","Adj. EBITDA $100M (12% margin), up 49% YoY; net loss $135M includes $119M non-cash impairment.","Free cash flow $105M (highest since 2015); operating cash flow $92M.","2025 guidance: adj. EBITDA $85-105M, free cash flow $40-60M.","Board authorized $75M share repurchase; $2M repurchased in Jan 2025; 50% of FCF allocated to debt reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":-11.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":816425000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172301,"accession_number":"0001628280-25-006158","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director C. Christopher Gaut to retire from Forum Energy Technologies board at 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["C. 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raises 2024 FCF guidance to $60-70M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $208M, up 16% YoY and 1% sequentially; orders $206M, book-to-bill 99%.","Net loss $15M ($1.20 diluted); adjusted net loss $2M ($0.19 diluted).","Adjusted EBITDA $26M, up 55% YoY; generated free cash flow $25M in Q3.","Raised full-year 2024 free cash flow guidance to $60-70M.","Q4 2024 guidance: revenue $190-210M, adjusted EBITDA $22-26M."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":615407000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189297,"accession_number":"0001401257-24-000128","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-10-18T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Forum Energy Technologies to issue $100M senior secured bonds to refinance 9% convertible notes due 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Forum to issue $100M 5-year senior secured bonds via ABG Sundal Collier; proceeds to redeem all 9% convertible notes due 2025 and repay Variperm seller term loan.","Credit agreement amended to permit bond issuance; intercreditor agreement governs lien priority between bonds and existing credit facility.","New bonds' interest rate not disclosed; existing 9% notes carry ~$100M principal due 2025.","Amendment allows collateral grants from UK/Germany subsidiaries for the new bonds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189296,"accession_number":"0001401257-24-000125","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-10-15T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Prelim Q3 rev ~$208M, bookings up; announces $100M bond offering to refinance 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Preliminary Q3 revenue ~$208M (up from $205M Q2); bookings ~$205M (up from $180M).","Adjusted EBITDA ~$26M, flat vs Q2; Free Cash Flow ~$24M (up from $21M).","Announces $100M 5-year senior secured bonds private offering.","Proceeds to redeem all 9% convertible notes due 2025 and repay Variperm seller term loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205791,"accession_number":"0001401257-24-000118","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Tech Q2 revenue $205M (+11% YoY), raises free cash flow guidance to $50-70M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $205M (+11% YoY); adjusted EBITDA $26M (+48% YoY).","Net loss $7M ($0.54 diluted loss); adjusted net loss $0.07 per diluted share.","Free cash flow $21M in Q2; raised full-year free cash flow guidance to $50-70M.","Redeemed/repurchased $73M of 2025 Notes; adjusted EBITDA guidance narrowed to $100-110M.","Orders $180M (book-to-bill 88%); U.S. rig count expected down 15% for 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":407601000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205790,"accession_number":"0001401257-24-000115","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-07-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy to redeem $60M of 9% Convertible Notes; Q2 cash flow prelim $23-25M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redemption of $60M aggregate principal of 9.00% Convertible Senior Secured Notes due 2025 at par on Aug 16, 2024.","Q2 2024 preliminary cash flows from operations expected between $23M and $25M.","Repurchased approx $13M of the 2025 Notes at a discount during Q2.","CEO says after redemption, >50% of outstanding 2025 Notes principal retired; expects to repay remainder in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222762,"accession_number":"0001401257-24-000102","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-06-11T23:59:59+00:00","items":["2.02","9.01","8.01"],"status":"ready","headline":"Forum Energy Technologies files Variperm acquisition financials; target earned $50.3M in 2023","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Variperm closed Jan 4, 2024; filing provides audited Variperm FY 2023 financials.","Variperm FY 2023 revenue $174.3M, up 14% from $153.2M in 2022; net earnings $50.3M vs $37.0M.","Gross profit $88.4M (50.7% margin) in 2023; G&A expenses $19.1M.","Variperm reduced short-term borrowings to zero from $12.3M; paid $19.4M dividends in 2023.","Forum also filed unaudited pro forma combined balance sheet and P&L for FY 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222761,"accession_number":"0001401257-24-000095","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Forum Energy stockholders approve amendment to increase stock plan shares by 800,000","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved Second Amendment to 2016 Stock Plan, increasing authorized shares by 800,000 to 1,555,701.","Michael McShane and Paul E. Rowsey III elected as Class III directors for three-year terms.","Non-binding say-on-pay passed with 7,730,508 votes for, 116,878 against, 68,404 abstentions.","Deloitte & Touche ratified as independent auditor for 2024 with 9,807,160 votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222760,"accession_number":"0001401257-24-000091","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Forum Energy Technologies realigns segments to Drilling & Completions and Artificial Lift & Downhole","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["After Variperm acquisition, FET moved from three segments to two: Drilling and Completions, and Artificial Lift and Downhole.","Historical FY2023 segment results recast retrospectively; no restatement of previously issued financials.","New segment structure aligns with business activity drivers, customer base, and management review.","Recast data appears in Exhibit 99.1; Q1 2024 report will reflect the new segments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222759,"accession_number":"0001401257-24-000087","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET Q1 revenue $202M, net loss $0.85/sh; reaffirms FY2024 EBITDA guidance of $100-120M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $202M (+9% seq); orders $204M (book-to-bill 101%); net loss $10M ($0.85/sh), adj. net loss $0.12/sh.","Adjusted EBITDA $26M (+69% seq); reaffirms FY2024 adj. EBITDA $100-120M, FCF $40-60M.","Variperm acquisition boosted Artificial Lift & Downhole segment; segment revenue up 42% seq.","Q2 2024 adj. EBITDA guidance $24-28M, softer Canadian market due to seasonal breakup.","Drilling & Completions revenue down 6% seq but adj. EBITDA up 13% on favorable product mix."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":202392000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242243,"accession_number":"0001401257-24-000082","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-03-27T23:59:59+00:00","items":["2.02","9.01","8.01"],"status":"ready","headline":"Forum closes Variperm acquisition; pro forma combined net loss $6.1M on $868.9M revenue","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Variperm closed Jan 4, 2024; base consideration 2.0M shares + $150.3M cash.","Pro forma combined revenue $868.9M, net loss $6.1M (standalone Forum net loss was $18.9M).","Debt financing: $60M Seller Term Loan (11%-17.5% interest) + $90M drawn from expanded ABL facility.","Variperm contributed $130.1M revenue and $37.5M net income for twelve months ended Sep 30, 2023.","Forum to file S-3 to register 1,946,038 shares for selling stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242239,"accession_number":"0001401257-24-000071","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K/A","filed_at":"2024-03-15T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Forum Energy closes Variperm buy; files historical & pro forma financials","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Acquisition completed Jan 4, 2024; Variperm became a wholly owned subsidiary of Forum.","Variperm's cost of goods sold (inventories expensed) rose to $72.7M in 2022 from $31.1M in 2021.","Variperm had a $30M CAD operating loan facility; no pandemic subsidies in 2022 vs $1.0M in 2021.","Forum filed audited Variperm financials for 2021-2022 and unaudited nine-month Sept 2023 statements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242242,"accession_number":"0001401257-24-000036","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Q4 revenue $185M, net loss $17M; guides FY24 EBITDA $100-120M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY23 revenue $739M (+6% YoY); net loss $19M (diluted EPS -$1.85); adjusted EBITDA $67M (+14% from 2022).","Q4 net loss $17M ($1.64/share); adjusted net loss $0.39/share; adjusted EBITDA $15M vs $17M in Q3.","2024 guidance: adjusted EBITDA $100-120M, free cash flow $40-60M; CEO cites Variperm acquisition as accretive.","Drilling & Downhole Q4 revenue $91M (+12% QoQ); Completions $57M (-8%); Production $37M (flat).","Full-year orders $724M, book-to-bill 98%; international revenue up 23% with Middle East up 72%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242241,"accession_number":"0001401257-24-000013","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET delays Q4 earnings release; preliminary 2023 revenue $739M, adj. EBITDA $67-69M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 revenue $185M, adj. EBITDA $15-17M, free cash flow $9M.","FY 2023 revenue $739M (+6% YoY), adj. EBITDA $67-69M, orders $724M (book-to-bill 98%).","2024 guidance: adj. EBITDA $100-120M, free cash flow $40-60M; Q1 rev $200-220M, adj. EBITDA $23-27M.","Earnings release delayed ~Mar 1, 2024 due to international valuation allowance review; no impact on reported metrics.","Assumes flat global market; US rig count down 5%, intl up slightly, Canada flat; Trans Mountain pipeline key in H2."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":738864000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242240,"accession_number":"0001401257-24-000008","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["1.01","2.01","2.03","3.02","7.01","9.01"],"status":"ready","headline":"Forum Energy Tech completes acquisition of Variperm for $150M cash + 2M shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total consideration: $150M cash plus 2M shares of FET common stock, subject to customary purchase price adjustments.","Financed with cash on hand, ~$90M ABL borrowings, and a $60M seller term loan (matures Dec 2026; interest starts at 11%, escalates to 17% and 17.5%).","ABL credit facility amended to increase revolving commitments from $179M to $250M and extend maturity to Sep 2028.","Granted 39,000 RSUs to 14 Variperm employees as inducement awards; vest fully on the second anniversary of closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259650,"accession_number":"0001401257-23-000095","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2023-12-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Forum Energy appoints Leslie Beyer to board; Gaut steps down as executive chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Leslie A. Beyer appointed to board, serving on Nominating, Governance & Sustainability Committee; up for election at 2025 annual meeting.","Beyer receives standard indemnification and RSU award of approximately $150,000, consistent with non-employee director compensation.","C. Christopher Gaut transitions from Executive Chairman to non-executive Chairman effective Jan 1, 2024, ceasing as executive officer.","Gaut to receive non-employee director compensation plus $100,000 annual chairman fee and subsidized health plan coverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259649,"accession_number":"0001401257-23-000086","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2023-11-03T23:59:59+00:00","items":["1.01","3.02","5.02","7.01","9.01"],"status":"ready","headline":"FET acquires Variperm for $150M cash+2M shares; pro forma adj EBITDA +77%","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consideration: $150M cash + 2M FET shares at ~3.7x Variperm TTM EBITDA as of Sep 30, 2023.","Pro forma combined: revenue $873M (+17%), adj EBITDA $121M (+77%), margin 14% (+470 bps).","Financing: $90M cash on hand, ABL borrowings, and up to $60M seller term loan (11% initial rate).","ABL credit facility amended to increase revolver to $250M and extend maturity to Sep 2028.","Director Emily Reichert retired effective Nov 2, 2023; departure not due to disagreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259648,"accession_number":"0001401257-23-000081","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2023-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Technologies Q3 revenue $179M, net income $8M; guides Q4 revenue $170-190M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $179M (-3% seq), net income $8M ($0.77 EPS) vs Q2 net loss $7M; adjusted EPS $0.05.","Orders $199M (book-to-bill 111%), up 7% seq; all segments increased backlog.","Adjusted EBITDA $17M; operating cash flow $26M, free cash flow $24M.","Q4 guidance: revenue $170-190M, adj. EBITDA $15-19M; FY adj. EBITDA ~$70M.","International revenue up 15% seq; Completions segment revenue down 13% on U.S. frac slowdown."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":553659000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276908,"accession_number":"0001401257-23-000067","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2023-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FET Q2 revenue $185M (+8% YoY), net loss $7M; guides FY adj EBITDA ~$80M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $185M, up 8% YoY; orders $186M, book-to-bill 100%.","Net loss of $7M and diluted EPS -$0.64 (vs Q1 loss $3M); adjusted EPS $0.10.","Adjusted EBITDA $17M, up 12% YoY; international revenue grew 10% sequentially.","Q3 guidance: revenue $180-200M, adj EBITDA $16-20M. FY adj EBITDA ~$80M, FCF ~$20M.","Drilling & Downhole segment rev +5% QoQ; Completions rev -2%; Production rev -15%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":374406000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294748,"accession_number":"0001401257-23-000056","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2023-05-17T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Forum Energy adopts amended bylaws; stockholders elect directors, approve say-on-pay and auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Third Amended and Restated Bylaws adopted May 12, 2023, updating DGCL compliance and stockholder nomination procedures.","Directors Evelyn M. Angelle, John A. Carrig, Neal A. 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EBITDA) as of Sept 30, 2022, counting conversion and sale-leaseback.","ABL credit facility availability remains $127M as of same date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333680,"accession_number":"0001401257-22-000074","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2022-11-30T23:59:59+00:00","items":["8.01","7.01","9.01"],"status":"ready","headline":"Forum Energy closes sale-leaseback of four centers for ~$32M net proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net cash proceeds from sale-leaseback: ~$32 million from four Texas/Louisiana centers.","Transaction priced at >10x EBITDA multiple on future annual lease payments.","Projected H2 2022 FCF plus proceeds implies $60-70M net debt reduction since June 30, 2022.","Long-term absolute triple net lease executed; FET retains operational use of properties."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333679,"accession_number":"0001401257-22-000070","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Tech Q3 revenue $182M, net income $16.5M, adj EBITDA $17.8M, confirms FY guidance top end","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $182M (+6% seq, +29% YoY); net income $16.5M ($1.82 diluted EPS).","Adjusted EBITDA $17.8M (+15% seq); 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EBITDA $11-14M; full-year adj. EBITDA $50-60M maintained."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":155174000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":387735,"accession_number":"0001401257-22-000020","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2022-03-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Forum Energy Tech Q4 revenue $148M, net loss $20M; FY adj EBITDA $20M, guides Q1 EBITDA $5-7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $148M (+$7M QoQ); net loss $20M ($3.46 diluted EPS) vs Q3 loss $12M ($2.05 EPS).","FY 2021 revenue $541M (+$29M YoY); net loss $83M; adjusted EBITDA $20M, up $39M from 2020.","Drilling & Downhole Q4 rev $67M, adj EBITDA $6M; Completions rev $51M, adj EBITDA $5M; Production rev $31M, adj EBITDA -$2M.","CEO cites supply chain delays and cost inflation; forecasts Q1 2022 EBITDA $5-7M.","Orders in Q4 were $160M; full-year book-to-bill ratio 1.17."],"consensus_eps_estimate":null,"consensus_eps_actual":-14.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":541068000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":591214150.9358687,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":387734,"accession_number":"0001401257-22-000018","cik":1401257,"company_name":"FORUM ENERGY TECHNOLOGIES, INC.","ticker":"FET","form_type":"8-K","filed_at":"2022-02-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Forum Energy appoints Neal Lux CEO with $600K salary; Gaut becomes Executive Chairman with reduced pay","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Neal Lux appointed President and CEO effective Feb 18, 2022; base salary raised to $600,000 with target bonus of 100% of base.","Lux granted 47,519 performance RSUs (stock-price hurdles) and 47,519 RSUs, each vesting over three years.","C. 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