Forum Energy Technologies(FET) - 2024 Q3 - Quarterly Results

Financial Performance - Forum Energy Technologies, Inc. announced preliminary results for Q3 2024, with revenue and Adjusted EBITDA yet to be finalized[3] Bond Offering - The company is contemplating an offering of $100.0 million in USD denominated 5-year senior secured bonds, subject to market conditions[4] - Net proceeds from the bond offering will be used to redeem all outstanding 9.000% Convertible Senior Secured Notes due 2025 and repay borrowings under the seller term loan related to the acquisition of Variperm Energy Services[4]