{"schema_version":"secwatch.filing_event.v1","accession":"0001401257-24-000087","form_type":"8-K","ticker":"FET","cik":"0001401257","company_name":"FORUM ENERGY TECHNOLOGIES, INC.","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.247638+00:00","generated_at":"2026-06-02T23:03:23.667240+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FET Q1 revenue $202M, net loss $0.85/sh; reaffirms FY2024 EBITDA guidance of $100-120M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001401257-24-000087","json":"https://secwatch.observer/filing/0001401257-24-000087.json","markdown":"https://secwatch.observer/filing/0001401257-24-000087.md","text":"https://secwatch.observer/filing/0001401257-24-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401257/000140125724000087/0001401257-24-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401257/000140125724000087/fet-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:03:23.667240+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":"6ea4bdbfb95ca212c7245cf8da47d47caa44daa0","claim":"FORUM ENERGY TECHNOLOGIES, INC. reported first quarter 2024 results: revenue $202 million, net income $10 million , or $0.85 p er diluted share, EPS $0.85 p er diluted share. Guidance reaffirmed.","evidence_excerpt":"Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9% sequential increase.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401257/000140125724000087/0001401257-24-000087-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$202 million"},{"label":"Net income","value":"$10 million , or $0.85 p er diluted share"},{"label":"EPS","value":"$0.85 p er diluted share"},{"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"}