Name | Value |
---|---|
Revenues | 190.7M |
Cost of Revenue | 140.7M |
Gross Profit | 50.0M |
Operating Expense | 48.0M |
Operating I/L | -6.9M |
Other Income/Expense | -4.2M |
Interest Income | 0.0M |
Pretax | -11.1M |
Income Tax Expense | 1.7M |
Net Income/Loss | -12.8M |
Forum Energy Technologies, Inc. operates through three segments: Drilling & Downhole, Completions, and Production. The company designs, manufactures, and distributes products for the oil, natural gas, industrial, and renewable energy industries. Its Drilling & Downhole segment provides drilling technologies, well construction equipment, and subsea energy construction products. The Completions segment offers hydraulic fracturing pumps, pressure control equipment, and coiled tubing strings. The Production segment supplies engineered process systems, production equipment, and industrial valves for oil and natural gas customers, power generation, and renewable energy applications.