Forum energy technologies, inc. announces fourth quarter and full year 2022 results and outlook

Houston--(business wire)--forum energy technologies, inc. (nyse: fet) today announced fourth quarter 2022 revenue of $191 million, a $9 million increase from the third quarter 2022. orders received were $215 million, with a book-to-bill ratio of 113%. the fourth quarter net loss was $13 million, or $2.22 per diluted share, compared to net income of $17 million, or $1.82 per diluted share, for the third quarter 2022. excluding $10 million, or $1.
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