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Forum Energy: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported net income of $11.2 million in its third quarter.

The Houston-based company said it had net income of 93 cents per share. Earnings, adjusted for restructuring costs and non-recurring costs, came to $1.51 per share.

The provider of manufactured technologies and applied products in the energy sector posted revenue of $236.8 million in the period.

For the current quarter ending in December, Forum Energy said it expects revenue in the range of $230 million to $250 million.

The company expects full-year revenue in the range of $900 million to $920 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FET at https://www.zacks.com/ap/FET

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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