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January 20, 2014
18:11 EDTFETForum Energy awarded contract for seven remote operated vehicles
Forum Energy Technologies announced that it has received an order from DOF Subsea AS, Bergen, Norway to supply seven Perry XLX 200HP work-class remote operated vehicle systems, including five Dynacon Launch and Recovery systems. The ROV systems will be delivered during the first and second quarters of this year.
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April 24, 2015
06:24 EDTFETForum Energy says decline in oil prices had significant impact on spending
CEO Cris Gaut commented, "The decline in oil prices had a significant impact on the spending by our customers. Each of our product lines experienced sequentially lower revenues in the first quarter 2015 contributed to by the 44% decline in the North America rig count during the quarter. New orders received by Forum in the first quarter were $288 million, a decline of 32% from the fourth quarter with the only increase being in our Valves product line. Our first quarter 2015 book to bill ratio was 83%."
06:23 EDTFETForum Energy reports Q1 Drilling & Subsea revenue down 18% to $215M
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06:22 EDTFETForum Energy sees Q2 EPS 15c-20c, consensus 22c
06:22 EDTFETForum Energy reports Q1 EPS excluding items 30c, consensus 28c
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April 13, 2015
10:00 EDTFETOn The Fly: Analyst Downgrade Summary
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05:57 EDTFETForum Energy downgraded to Underperform from Hold at Jefferies
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