Benzinga | Nov 5, 2021 09:33AM EDT

Forum Energy Technologies Q3 EPS $(2.05), Adj. EPS $(2.25) Misses $(1.33) Estimate, Sales $141.00M Miss $150.00M Estimate

Forum Energy Technologies (NYSE:FET) reported quarterly losses of $(2.05) per share which missed the analyst consensus estimate of $(1.33) by 54.14 percent. This is a 65.83 percent increase over losses of $(6.00) per share from the same period last year. The company reported quarterly sales of $141.00 million which missed the analyst consensus estimate of $150.00 million by 6.00 percent. This is a 35.58 percent increase over sales of $104.00 million the same period last year.