Forum Energy Technologies reported first quarter 2025 revenue of $193 million and net income of $1 million, or $0.09 per diluted share. The company generated $7 million in free cash flow and maintained its full-year free cash flow guidance despite economic uncertainties.
Orders reached $201 million, resulting in a book-to-bill ratio of 104%.
Revenue for the quarter was $193 million.
Net income stood at $1 million, translating to $0.09 per diluted share.
Adjusted EBITDA was $20 million, with operating cash flow at $9 million and free cash flow at $7 million.
Forum Energy Technologies is maintaining its full-year 2025 free cash flow guidance between $40 million and $60 million, and expects adjusted EBITDA for the second quarter of 2025 to be in the range of $18 million to $22 million.
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