FET Q2 2020 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$680M

Q2 2020 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$113M-53.9% YoY

Gross Profit

$13M11.4% margin

Operating Income

-$35M-31.3% margin

Net Income

-$5M-4.9% margin

EPS (Diluted)

$-0.98

QoQ Revenue Growth

-38.0%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$626M

Stockholders' Equity

$441M

Cash & Equivalents

$110M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$113M	$246M	-53.9%
Gross Profit	$13M	$63M	-79.6%
Operating Income	-$35M	$700,000	-5165.7%
Net Income	-$5M	-$14M	+59.9%

Revenue Segments

Valve Solutions

$29M26%

Drilling Technologies

$20M18%

Production Equipment

$19M17%

Subsea Technologies

$15M13%

Downhole Technologies

$13M11%

Coiled Tubing

$9M8%

Stimulation and Intervention

$9M8%

Geographic Segments

UNITED STATES

$70M62%

CANADA

$12M10%

Middle East

$10M9%

Latin America

$9M8%

Europe and Africa

$8M7%

Asia Pacific

$4M4%