Forum Energy Technologies Announces Third Quarter 2025 Results; Raises Full Year 2025 Cash Flow Guidance
Core Insights - Forum Energy Technologies, Inc. reported third quarter 2025 revenue of $196 million and a net loss of $21 million, equating to $1.76 per diluted share [1] - After adjustments for $22 million in asset impairments, restructuring costs, and a $5 million tax valuation allowance reserve, the adjusted net income was $3 million, or approximately $0.27 per diluted share [1] Financial Performance - Revenue for the third quarter of 2025 was $196 million [1] - The company experienced a net loss of $21 million, translating to a loss of $1.76 per diluted share [1] - Adjusted net income, after accounting for impairments and other costs, was $3 million, or about $0.27 per diluted share [1]