secwatch.observer — SEC 8-K summary
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Issuer:     FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK:        0001401257
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001401257-25-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FET Q2 revenue $200M, net income $8M, raises FY free cash flow guidance to $60-80M
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- Revenue $200M (+3% sequential); net income $8M ($0.61 diluted EPS); adjusted EBITDA $21M (+2% seq).
- Orders $263M, 132% book-to-bill; backlog highest in over ten years.
- Raises 2025 free cash flow guidance to $60-$80M; Q3 adjusted EBITDA expected $19-$23M.
- Repurchased 579k shares for $11M YTD; plans another ~10% of shares outstanding.
- Drilling & Completions orders +35% to $178M; Artificial Lift & Downhole adj. EBITDA +24% to $17M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401257/000140125725000087/0001401257-25-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401257/000140125725000087/fet-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001401257-25-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer