{"schema_version":"secwatch.filing_event.v1","accession":"0001401257-23-000045","form_type":"8-K","ticker":"FET","cik":"0001401257","company_name":"FORUM ENERGY TECHNOLOGIES, INC.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.705995+00:00","generated_at":"2026-06-15T21:29:39.593346+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Forum Energy Q1 revenue up 22% YoY to $189M; net loss narrows to $4M","bullets":["Q1 2023 net loss $4M ($0.34 diluted EPS) vs Q4 2022 net loss $13M ($2.22 EPS).","Adjusted EPS $0.09; adjusted EBITDA $18M (+99% YoY); revenue $189M (+22% YoY).","Orders $179M, book-to-bill 95%; U.S. rig count soft but offset by international activity.","FY 2023 adjusted EBITDA guidance reaffirmed at $80-100M; Q2 forecast $16-20M.","Drilling & Downhole rev $77M (-5% seq); Completions rev $74M flat; Production rev $39M (+9%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001401257-23-000045","json":"https://secwatch.observer/filing/0001401257-23-000045.json","markdown":"https://secwatch.observer/filing/0001401257-23-000045.md","text":"https://secwatch.observer/filing/0001401257-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000045/0001401257-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000045/fet-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T21:29:39.593346+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":"6eb2b20bff9a663bf788bf9761138a2f7bd8e614","claim":"FORUM ENERGY TECHNOLOGIES, INC. reported the quarter ended March 31, 2023 results: revenue $189 million, net income $4 million, EPS diluted EPS of negative $0.34. Guidance reaffirmed.","evidence_excerpt":"Forum Energy Technologies Announces First Quarter 2023 Results and Reaffirms 2023 Guidance • Revenue: $189 million, a 22% year-over-year increase • Net loss: $4 million and diluted EPS of negative $0.34","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000045/0001401257-23-000045-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$189 million"},{"label":"Net income","value":"$4 million"},{"label":"EPS","value":"diluted EPS of negative $0.34"},{"label":"Guidance","value":"reaffirmed"},{"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"}