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FORUM ENERGY TECHNOLOGIES, INC. (FET) filed an 8-K current report with the SEC on July 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Earnings release covers quarter ended June 30, 2026, giving investors the latest operating update.
FORUM ENERGY TECHNOLOGIES, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Earnings release covers quarter ended June 30, 2026, giving investors the latest operating update
- Exhibit 99.1 contains detailed financial results and management commentary
- Non-GAAP metrics include adjusted EBITDA, adjusted diluted EPS, free cash flow and net leverage
- Reconciliations to comparable GAAP measures included for key non-GAAP metrics
- Non-GAAP results require comparison with GAAP figures when assessing performance and valuation
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $226M, up 8% sequentially, with net income $12M and diluted EPS $1.05
- Adjusted EBITDA $32M, up 39%, with margin expanding 300 basis points to 14.0%
- Orders $236M and book-to-bill 104%, supporting near-term revenue visibility across both segments
- Full-year 2026 guidance raised to revenue $870M-$910M and adjusted EBITDA $115M-$125M
- Net leverage improved to 1.1x while $8M was repurchased during the first half of 2026
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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