FET Q2 2019 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$680M

Q2 2019 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$246M-10.4% YoY

Gross Profit

$63M25.7% margin

Operating Income

$700,0000.3% margin

Net Income

-$14M-5.6% margin

EPS (Diluted)

$-2.49

QoQ Revenue Growth

-9.6%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$17M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$802M

Stockholders' Equity

$1.0B

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$246M	$274M	-10.4%
Gross Profit	$63M	$73M	-13.1%
Operating Income	$700,000	-$12M	+106.0%
Net Income	-$14M	-$15M	+10.5%

Revenue Segments

Valve Solutions

$50M20%

Stimulation and Intervention

$47M19%

Drilling Technologies

$37M15%

Coiled Tubing

$35M14%

Production Equipment

$33M13%

Downhole Technologies

$29M12%

Subsea Technologies

$16M7%

Geographic Segments

UNITED STATES

$184M75%

Europe and Africa

$18M7%

CANADA

$14M6%

Middle East

$12M5%

Asia Pacific

$11M5%

Latin America

$6M3%