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Forum Energy Technologies First Quarter 2025 Earnings: Misses Expectations

Simply Wall St·05/07/2025 13:11:02
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Forum Energy Technologies (NYSE:FET) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$193.3m (down 4.5% from 1Q 2024).
  • Net income: US$1.12m (up from US$10.3m loss in 1Q 2024).
  • Profit margin: 0.6% (up from net loss in 1Q 2024).
  • EPS: US$0.091 (up from US$0.84 loss in 1Q 2024).
earnings-and-revenue-growth
NYSE:FET Earnings and Revenue Growth May 7th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Forum Energy Technologies Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 40%.

Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Energy Services industry in the US.

Performance of the American Energy Services industry.

The company's shares are down 11% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Forum Energy Technologies' balance sheet and an in-depth analysis of the company's financial position.

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