FET Q3 2018 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$680M

Q3 2018 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$267M+34.4% YoY

Gross Profit

$75M27.9% margin

Operating Income

$2M0.9% margin

Net Income

-$3M-1.1% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$4M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$749M

Stockholders' Equity

$1.4B

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$267M	$199M	+34.4%
Gross Profit	$75M	$48M	+56.9%
Operating Income	$2M	-$14M	+117.5%
Net Income	-$3M	-$15M	+79.4%

Revenue Segments

Completions

$119M44%

Production and Infrastructure

$95M36%

Drilling and Subsea

$55M20%

Geographic Segments

UNITED STATES

$209M78%

CANADA

$18M7%

Middle East

$12M5%

Europe and Africa

$12M5%

Asia Pacific

$9M4%

Latin America

$7M2%