Forum Energy: Q4 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported earnings of $2.1 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had net income of 17 cents. Earnings, adjusted for one-time gains and costs, were 41 cents per share.
The provider of manufactured technologies and applied products in the energy sector posted revenue of $202.2 million in the period.
For the year, the company reported a loss of $9.7 million, or 81 cents per share. Revenue was reported as -$791.5 million.
Forum Energy expects full-year revenue of $800 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FET at https://www.zacks.com/ap/FET

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