Forum Energy Technologies Reports Q1 Revenue Growth of 8%

Forum Energy Technologies (FET) reported an 8% year-over-year revenue increase to $209 million in its first-quarter results for fiscal 2026. The company also saw a 44% rise in backlog and a book-to-bill ratio of 106%, indicating strong demand.

By Noor Ul Ain Rehman Sat, May 23, 2026 at 3:16 PM GMT+3 2 min read · Yahoo Finance · May 23, 2026, 12:16 UTC

Forum Energy Technologies Reports Q1 Revenue Growth of 8%

Tickers: $FET

Topics: adjusted_earnings backlog orders revenue_growth

Read the full article at Yahoo Finance

More World news

Analyst Ming-Chi Kuo Suggests Nvidia CEO Resignation May Have Limited Near-Term Stock Impact Seeking Alpha · November 12, 2026, 16:53 UTC
Solo Brands Lowers Net Sales Outlook While Projecting 2026 Adjusted EBITDA Growth Seeking Alpha · November 12, 2026, 16:50 UTC
EyePoint Pharmaceuticals Announces Strategic Shift to DURAVYU DME Following Phase III Wet AMD Trial Failures Seeking Alpha · November 12, 2026, 16:50 UTC
Apple to Update HomeView Software Following Feedback on Voice Command Limitations The Verge · November 12, 2026, 16:53 UTC
Endeavour Mining Shares Drop Following Production Warning at Mana Gold Mine Seeking Alpha · November 12, 2026, 16:48 UTC
Stellantis CEO Warns of Multi-Billion Euro Impact from Chip Shortages and Raw Material Costs Seeking Alpha · November 12, 2026, 16:44 UTC
UBS Upgrades Rivian to Buy Rating Amid R2 Potential Motley Fool · November 12, 2026, 16:45 UTC
Stifel Downgrades EVgo to Hold Amid Weakening Growth Outlook Seeking Alpha · November 12, 2026, 16:41 UTC
Rowan Digital Infrastructure Secures Over $1.5 Billion in New Financing Seeking Alpha · November 12, 2026, 16:42 UTC
CAE Reports Q2 2027 Results with Increased EPS Guidance and Strong Defense Growth Motley Fool · November 12, 2026, 16:39 UTC