{"schema_version":"secwatch.filing_event.v1","accession":"0001401257-24-000013","form_type":"8-K","ticker":"FET","cik":"0001401257","company_name":"FORUM ENERGY TECHNOLOGIES, INC.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.061379+00:00","generated_at":"2026-06-05T22:54:52.627630+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":"FET delays Q4 earnings release; preliminary 2023 revenue $739M, adj. EBITDA $67-69M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001401257-24-000013","json":"https://secwatch.observer/filing/0001401257-24-000013.json","markdown":"https://secwatch.observer/filing/0001401257-24-000013.md","text":"https://secwatch.observer/filing/0001401257-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401257/000140125724000013/0001401257-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401257/000140125724000013/fet-20240219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:54:52.627630+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":"487b8dccd53db55ec849b1c10ea173f1a7a41406","claim":"FORUM ENERGY TECHNOLOGIES, INC. reported the fourth quarter and full year 2023 results: revenue $739 million. Guidance initiated.","evidence_excerpt":"of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance Preliminary Full Year 2023 Results • Revenue: $739 million, a 6% year-over-year increase • Orders: $724 million and book-to-bill ratio of 98% • Adjusted EBITDA: between $67 and $69 million • Results delayed for finalization of valuation","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125724000013/0001401257-24-000013-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year 2023"},{"label":"Revenue","value":"$739 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}