Exhibit 99.1 Forum Energy Technologies Announces Second Quarter 2024 Results; Raises Free Cash Flow Guidance • Revenue: $205 million, an 11% year-over-year increase • Net loss: $7 million, or $0.54 per diluted share • Adjusted net loss: $1 million, or $0.07 per diluted share • Adjusted EBITDA: $26 million, up 48% year-over-year • Operating cash flow and free cash flow: $23 million and $21 million, respectively • Raises 2024 full year free cash flow guidance: $50 to $70 million HOUSTON, TEXAS, August 1, 2024 ...

On November 1, 2023, Forum Energy Technologies, Inc., a Delaware corporation ("Forum") and Forum Canada ULC, an Alberta corporation and a wholly owned subsidiary of Forum (the "Purchaser"), entered into a Stock Purchase Agreement (the "Purchase Agreement") with (i) Variperm Holdings Ltd., an Alberta corporation ("Variperm"), (ii) Variperm Energy Services Partnership, an Alberta general partnership ("VES Partnership"), (iii) Jamie Olson, a resident of Alberta ("Olson"), (iv) Elise Robertson, a resident of Al ...

Bitcoin and Fetch.ai stand out as two cryptos that could skyrocket in value in the second half of 2024. With new signs that a crypto bull market has arrived, it could be time to look for new coins to add to your portfolio. Of course, the most promising crypto investments are those with new catalysts in place that can help them soar in value throughout 2024. With that in mind, there are two cryptocurrency coins on my radar right now: Bitcoin (BTC -1.14%) and Fetch.ai (FET 0.34%). Both have new catalysts in p ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, are scheduled to present at the Sidoti Virtual Investor Conference on Wednesday, May 8, 2024 at 12:15 p.m. Eastern Time. The presentation can be accessed live at the following link: https://sidoti.zoom.us/webinar/register/WN_NDUsKoIBRg2QPKXFQ8-OLg A link to the live webcast and the presentation sli ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, are scheduled to present at the Sidoti Virtual Investor Conference on Wednesday, May 8, 2024 at 12:15 p.m. Eastern Time.The presentation can be accessed live at the following link:https://sidoti.zoom.us/webinar/register/WN_NDUsKoIBRg2QPKXFQ8-OLgA link to the live webcast and the presentation slides ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ___________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-35504 FORUM ENERGY TECHNOLOGIES, INC. (Exact name of registrant as specified in its ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ___________________________________ ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-35504 FORUM ENERGY TECHNOLOGIES, INC. (Exact name of registrant as s ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2023 revenue of $185 million, a $6 million increase from the third quarter. The fourth quarter net loss was $17 million, or $1.64 per diluted share, compared to third quarter net income of $8 million, or $0.77 per diluted share. Excluding $9 million of foreign exchange losses and $4 million of transaction and other nonrecurring items, cumulatively $1.25 per share, adjusted net loss was $0.39 per diluted shar ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2023 earnings conference call at 10:00 a.m. Central Time on Friday, March 1, 2024. FET delayed its fourth quarter and full year 2023 earnings release and investor conference call to allow time to assess valuation allowance reserves in an international jurisdiction and quantify the potential impact to income tax and net income. After careful review and analysis, including t ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that it will delay the issuance of its fourth quarter and full year 2023 earnings release and investor conference call. Additional time is required to quantify, if any, the impact to income tax and net income from adjusting valuation allowance reserves in an international jurisdiction. No meaningful impact to revenue, adjusted EBITDA, or free cash flow is expected. FET expects to issue its fourth quarter and full year 2023 ...