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Forum Energy Technologies Q3 Adj $(0.19) Misses $0.06 Estimate, Sales $207.80M Miss $214.50M Estimate

Benzinga Newsdesk 2 years ago

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Forum Energy Technologies (NYSE:FET) reported quarterly losses of $(0.19) per share which missed the analyst consensus estimate of $0.06 by 416.67 percent. This is a 480 percent decrease over earnings of $0.05 per share

Forum Energy Technologies (NYSE:FET) reported quarterly losses of $(0.19) per share which missed the analyst consensus estimate of $0.06 by 416.67 percent. This is a 480 percent decrease over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $207.80 million which missed the analyst consensus estimate of $214.50 million by 3.12 percent. This is a 15.90 percent increase over sales of $179.30 million the same period last year.

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