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Forum Energy Technologies, Inc. (FET) Q1 2026 Earnings Ca...
2026-05-02 · via All Articles on Seeking Alpha

Q1: 2026-04-30 Earnings Summary

EPS of $0.47 beats by $0.03

 | 

Revenue of

$208.70M

(7.97% Y/Y)

beats by $7.40M

Forum Energy Technologies, Inc. (FET) Q1 2026 Earnings Call May 1, 2026 11:00 AM EDT

Company Participants

Rob Kukla - Director of Investor Relations
Neal Lux - President, CEO & Director
David Williams - Executive VP & CFO

Conference Call Participants

Jeffrey Robertson - Water Tower Research LLC
Steve Ferazani - Sidoti & Company, LLC
Daniel Pickering - Pickering Energy Partners LP
John Daniel - Daniel Energy Partners, LLC

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies First Quarter 2026 Earnings Conference Call. My name is Daniel, and I will be your coordinator for today's call. [Operator Instructions] This conference call is being recorded for replay purposes and will be available on the company's website. I will now turn the conference over to Rob Kukla, Director of Investor Relations. Please proceed, sir.

Rob Kukla
Director of Investor Relations

Thank you, Daniel. Good morning, everyone, and welcome to FET's First Quarter 2026 Earnings Conference Call. With me today are Neal Lux, our President and Chief Executive Officer; and Lyle Williams, our Chief Financial Officer. Yesterday, we issued our earnings release, which is available on our website.

Today, we are relying on federal safe harbor protections for forward-looking statements. Listeners are cautioned that our remarks today will contain information other than historical information. These remarks should be considered in the context of all factors that affect our business, including those disclosed in FET's Form 10-K and other SEC filings.

Finally, management's statements may include non-GAAP financial measures. For reconciliation of these measures, please refer to our earnings release and website. During today's call, all statements related to EBITDA refer to adjusted EBITDA. And unless otherwise noted, all comparisons are first quarter 2026 to fourth quarter 2025. I will now turn the call over to Neal.

Neal Lux
President, CEO & Director