FET Q1 2019 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$680M

Q1 2019 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$272M+8.6% YoY

Gross Profit

$70M25.8% margin

Operating Income

$4M1.6% margin

Net Income

-$8M-2.9% margin

EPS (Diluted)

$-1.44

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$14M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$819M

Stockholders' Equity

$1.0B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$272M	$250M	+8.6%
Gross Profit	$70M	$67M	+4.2%
Operating Income	$4M	-$7M	+164.2%
Net Income	-$8M	$28M	-128.1%

Revenue Segments

Completions

$95M35%

Production

$92M34%

Drilling And Downhole

$86M32%

Geographic Segments

UNITED STATES

$197M72%

Middle East

$19M7%

Europe and Africa

$18M6%

CANADA

$16M6%

Asia Pacific

$15M5%

Latin America

$7M2%