Forum Energy (FET) Q2 Orders Jump 46%
Forum Energy Technologies (NYSE:FET), a provider of equipment and engineered solutions for the oil, gas, and renewables markets, posted its second quarter 2025 earnings on August 7, 2025. Forum Energy Technologies reported GAAP earnings per share of $0.61, smashing the analyst estimate of $0.12 GAAP EPS. Revenue (GAAP) came in at $199.8 million, topping GAAP expectations of $190.35 million. However, adjusted for a one-time property gain and foreign exchange benefits, the company had a net loss of $0.10 per share. Despite the revenue (GAAP) beat, the quarter exposed persistent margin pressure within key segments and underlying challenges that bear monitoring.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Forum Energy Technologies delivers equipment, technology, and aftermarket services that help oil, gas, and renewable energy operators achieve greater safety, efficiency, and environmental compliance. Its business is built around two central segments: Drilling and Completions, which covers drilling, subsea, coiled tubing, well stimulation, and intervention markets; and Artificial Lift and Downhole, which provides products and solutions for artificial lift, well construction, production, and infrastructure markets. The company's portfolio spans highly engineered capital equipment, consumable parts required for regular operation, and technical service support.
Source Fool.com
