{"schema_version":"secwatch.filing_event.v1","accession":"0001401257-23-000081","form_type":"8-K","ticker":"FET","cik":"0001401257","company_name":"FORUM ENERGY TECHNOLOGIES, INC.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.906375+00:00","generated_at":"2026-06-08T22:13:41.585692+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forum Energy Technologies Q3 revenue $179M, net income $8M; guides Q4 revenue $170-190M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001401257-23-000081","json":"https://secwatch.observer/filing/0001401257-23-000081.json","markdown":"https://secwatch.observer/filing/0001401257-23-000081.md","text":"https://secwatch.observer/filing/0001401257-23-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000081/0001401257-23-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000081/fet-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:13:41.585692+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":"10bc01aaee6c9498fea5161b98a02dd1f53ae24e","claim":"FORUM ENERGY TECHNOLOGIES, INC. reported third quarter 2023 results: revenue $179 million, net income $8 million, EPS $0.77 per diluted share. Guidance lowered.","evidence_excerpt":"Forum Energy Technologies Announces Third Quarter 2023 Results • Orders: $199 million and book-to-bill ratio of 111% • Revenue: $179 million • Net income: $8 million and diluted EPS of $0.77 • Adjusted EBITDA: $17 million • Operating cash flow and free cash flow: $26 million and $24 million, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125723000081/0001401257-23-000081-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$179 million"},{"label":"Net income","value":"$8 million"},{"label":"EPS","value":"$0.77 per diluted share"},{"label":"Guidance","value":"lowered"},{"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"}