earnings
confidence high
sentiment negative
materiality 0.65
Forum Energy Q1 revenue $193M, net income $1M; maintains FY free cash flow guidance $40-60M
FORUM ENERGY TECHNOLOGIES, INC.
2025-Q1 EPS reported
$0.09
revenue$193,279,000
- Revenue $193M, net income $1M ($0.09 diluted EPS); adjusted net income $500k ($0.04 diluted EPS).
- Adjusted EBITDA $20M; orders $201M, book-to-bill 104%.
- Operating cash flow $9M, free cash flow $7M (7th consecutive positive quarter).
- Drilling & Completions segment rev $116M (+4%), EBITDA $12M (+31%); Subsea orders up ~60%.
- Artificial Lift & Downhole segment rev $78M (-13%), EBITDA $14M (-30%); FY FCF guidance unchanged $40-60M.