{"schema_version":"secwatch.filing_event.v1","accession":"0001401257-23-000010","form_type":"8-K","ticker":"FET","cik":"0001401257","company_name":"FORUM ENERGY TECHNOLOGIES, INC.","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.757171+00:00","generated_at":"2026-06-19T06:44:17.670584+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FET reports FY2022 revenue $700M (+29% YoY), adj. EBITDA $59M (+194%); guides FY2023 adj. EBITDA $80-100M","bullets":["Full year 2022 revenue $700M (+29% YoY); net income $4M, diluted EPS $0.62; adj. EBITDA $59M (+194%).","Q4 2022 revenue $191M (+5% QoQ); net loss $13M ($2.22 loss per share); adjusted net loss $0.45 per share.","2023 adjusted EBITDA guidance $80-$100M; long-term debt reduced 47.8% in Jan 2023; leverage ratio improved to 1.4x.","Drilling & Downhole rev $81M (+7% QoQ), adj EBITDA $11M (-$2M); Completions rev $74M (+3%), adj EBITDA $9M (-$1M); Production rev $36M (+5%), adj EBITDA $2M (+$1M).","Q4 orders $215M, book-to-bill 113%; full year orders $781M, book-to-bill 112%; backlog highest since Q4 2018."],"urls":{"canonical":"https://secwatch.observer/filing/0001401257-23-000010","json":"https://secwatch.observer/filing/0001401257-23-000010.json","markdown":"https://secwatch.observer/filing/0001401257-23-000010.md","text":"https://secwatch.observer/filing/0001401257-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000010/0001401257-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000010/fet-20230221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T06:44:17.670584+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8308a1744870d342559f86b31cc37baf3755c653","claim":"FORUM ENERGY TECHNOLOGIES, INC. reported financial results for quarter ended December 31, 2022.","evidence_excerpt":"On February 21, 2023 , Forum Energy Technologies, Inc. (the \" Company \") issued a press release announcing earnings for the quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000010/0001401257-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}