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CORRECTION: Forum Energy Technologies Q1 Adj. EPS $0.04 Misses $0.27 Estimate, Sales $193.30M Miss $196.45M Estimate

Benzinga Newsdesk 1 year ago

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Forum Energy Technologies (NYSE:FET) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.27 by 85.19 percent. This is a 133.33 percent increase over losses of $(0.12) per

Forum Energy Technologies (NYSE:FET) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.27 by 85.19 percent. This is a 133.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $193.30 million which missed the analyst consensus estimate of $196.45 million by 1.60 percent. This is a 4.50 percent decrease over sales of $202.40 million the same period last year.

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