FET Q1 2020 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$680M

Q1 2020 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$183M-32.8% YoY

Gross Profit

$22M12.1% margin

Operating Income

-$38M-20.8% margin

Net Income

-$37M-20.3% margin

EPS (Diluted)

$-6.67

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$609,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$703M

Stockholders' Equity

$442M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183M	$272M	-32.8%
Gross Profit	$22M	$70M	-68.5%
Operating Income	-$38M	$4M	-985.4%
Net Income	-$37M	-$8M	-370.2%

Revenue Segments

Valve Solutions

$37M20%

Drilling Technologies

$37M20%

Coiled Tubing

$26M14%

Downhole Technologies

$25M14%

Stimulation and Intervention

$24M13%

Production Equipment

$19M10%

Subsea Technologies

$15M8%

Geographic Segments

UNITED STATES

$124M68%

Asia Pacific

$19M10%

Middle East

$13M7%

Europe and Africa

$11M6%

CANADA

$8M4%

Latin America

$8M4%