Forum Energy Reports Q3 Earnings Beat and Raises FY26 Outlook
Forum Energy (FET) reported third-quarter financial results that exceeded analyst expectations for both top-line revenue and bottom-line earnings. The company posted a non-GAAP EPS of $1.51, surpassing estimates by $0.29, while revenue grew 20.7% year-over-year to reach $236.81 million. Strong operational momentum is evidenced by $244 million in new orders and a healthy book-to-bill ratio of 103%. Driven by these robust results, the company has provided an updated Q4 guidance and raised its full-year 2026 outlook, signaling confidence in sustained growth and improved cash flow generation.
Tickers: $FET
Topics: book-to-bill ratio earnings beat EBITDA revenue growth