FET Q3 2020 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$680M

Q3 2020 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$104M-56.7% YoY

Gross Profit

$13M12.7% margin

Operating Income

-$33M-31.7% margin

Net Income

-$22M-20.8% margin

EPS (Diluted)

$-3.87

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$924M

Total Liabilities

$497M

Stockholders' Equity

$427M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$104M	$239M	-56.7%
Gross Profit	$13M	$63M	-79.1%
Operating Income	-$33M	-$533M	+93.8%
Net Income	-$22M	-$533M	+96.0%

Revenue Segments

Valve Solutions

$25M24%

Drilling Technologies

$17M17%

Production Equipment

$15M15%

Downhole Technologies

$13M13%

Subsea Technologies

$12M12%

Coiled Tubing

$10M10%

Stimulation and Intervention

$9M9%

Geographic Segments

UNITED STATES

$62M60%

Asia Pacific

$11M11%

Middle East

$11M11%

Latin America

$7M7%

Europe and Africa

$6M6%

CANADA

$6M5%