Forum Energy Technologies Reports Q4 Loss of $103.5 Million

Forum Energy Technologies (FET) reported a net loss of $103.5 million for the fourth quarter, equivalent to an $8.39 loss per share. Adjusted for non-recurring items, the loss came in at 48 cents per share.

Revenue for the quarter was $201 million. For the full year, FET reported a loss of $135.3 million, or $11 per share, with revenue of $816.4 million.

Note: This article was automatically generated using data from Zacks Investment Research. Visit https://www.zacks.com/ap/FET for more information.