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Forum Energy Technologies Inc.  (FET)
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The Miscellaneous Fabricated Products company has Turned into Profitability at FET during the April to June 30 2022 period

company announced second quarter of 2022 operating surplus of $5.984 millions

Published 2022-08-07T18:27:04-04:00
Goran Soko / CSIMarket.com Contributer

Bordeln_By_Willy_Stahl,_RAS_Reinhardt_Maschinenbau_GmbH__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the April to June 30 2022 period company had turn a round to surplus by displaying Income per Share of $1.15 per share compare to $-5.28 a year prior and net profit per share turned positive from $-1.62 per share from the preceding reporting period.

Revenues grew strongly by 50.411 % to $172.25 millions from $114.52 millions in the similar reporting period a year prior and sequentially Revenues advanced by 11.002 % from $155.17 millions.




The Miscellaneous Fabricated Products company have achieved net income of $9.264 millions in the April to June 30 2022 period an improvement versus a net loss of $-29.663 millions in the similar reporting period a year ago. Forum Energy Technologies Inc. also emphasized it's improving profit margins, where net margin rose to 5.38% in April to June 30 2022 period, and operating margin edged up to 3.47%.


Forum Energy Technologies Inc. is expected to report next financial recent numbers on November 04, 2022.


    Recently Reported Results
human-995562_960_720.jpg Paychex Inc.

Revenues Increased substantially at in the most recent fiscal period

In the fiscal three months closing Aug 31 2022 company had Revenues of $1.21 billions and earnings per share of $1.05. Revenues were up by 11.386 % year on year and net profit per share grew by 14.13 %.


Montage_By_Michael_Schmahl_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Construction Spending

U.S. construction spending dropped in the June 2022

Outlays for U.S. construction projects fell after recent increases, as decline in private spending offset an increase in public spending.

Beadstead_By_Oxfordian_Kissuth_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Bassett Furniture Industries Incorporated

Profits Rose by 164.52 % at the Furniture & Fixtures company in the fiscal period ending August 27 2022

Although revenue fell in the fiscal period ending August 27 2022, Furniture & Fixtures company managed to raise its earnings per share, earnings per share grown rapidly by 164.52 % to $0.82 per share while Revenues fell by -0.752 % to $118.01 millions, year on year.


Gold_mine_pd Uranium Energy Corp

The company published Revenue of $0.077764999999999 millions, in the May to July 31 2022

Uranium Energy Corp revealed $0.077764999999999 millions, in Revenue in the fourth quarter of 2022.


NASDAQ_studio_By_Luis_Villa_del_Campo__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons Abrdn Platinum Etf Trust

For the financial period closing June 30 2022 Abrdn Platinum Etf Trust lost money of $-7.12 per share compare to $-11.64 a year prior and earnings per share fell from $2.02 per share from the prior quarter.

Revenues remained unscathed to $0.00 millions from $0.00 millions in the corresponding quarter a year prior and sequentially Revenue Tumbled from $0.00 millions.


Loxley_Farm_Market_Produce_By_Infrogmation_of_New_Orleans_[CC-BY-SA-3.0_(http_creativecommons.org_licensesby-sa3.0)]_via_Wikimedia_Commons Consumer Price Index

Consumer Prices returned to Growth in August 2022

U.S. CPI on the rise again after stagnation in the last month, as a decline in energy costs didn't immediately filter through the rest of the economy.

unemployed_lines_pd Employment Report

Economy gains 528,000 jobs in July 2022, unemployment rate 3.5 %

The nonfarm payrolls grew 528,000 in July 2022, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

turn-on-2932999__340 Producer Price Index

Wholsale prices continued to decline in August 2022

U.S. Producer prices continued to fell in August 2022, due to constant decline in petroleum prices.

NASDAQ_studio_By_Luis_Villa_del_Campo__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons Abrdn Precious Metals Basket Etf Trust

Abrdn Precious Metals Basket Etf Trust released operating loss of $-1.537 millions, in the April to June 30 2022

While the earnings cycle of fiscal April to June 30 2022 season resumes, countless corporations have reported the numbers. Some of them, have been various constituents of the Investment Services sector. And today, GLTR announced operating loss of $-1.537 millions, for the financial period closing Jun 30 2022.


Stockbroker_pd Abrdn Palladium Etf Trust

For the second quarter of 2022 company slipped into deficit of $-35.53 per share compare to $6.65 a year prior and EPS fell from $13.67 per share from the preceding financial reporting period.

Revenues remained unaffected to $0.00 millions from $0.00 millions in the same financial reporting period a year prior and sequentially Revenue Tumbled from $0.00 millions.


BuySell_pd.jpg Abrdn Silver Etf Trust

In the most recent fiscal period operating income embodied progress to $0.777 millions, at the Abrdn Silver Etf Trust

The Investment Services sector advisors continue to digest the second quarter of 2022 performance. Now they follow operating income of $0.844 millions, from the Abrdn Silver Etf Trust, as it has not stated any revenue yet, for the own April to June 30 2022 reporting season.


Laptop_women_By_Petar_Milosevic_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Evercommerce Inc.

Exceptional 29.902%, gain in Revenues by EVCM over the second quarter of 2022 earnings season

the Software & Programming company announced in the fiscal span ending June 30 2022 surge in Revenues by 29.902 % to $157.25 millions from the same reporting period a year prior, but it has lost money at $-0.07 per share.


Medical_ultrasound_examination_pd Fonar Corporation

Impressive financial reporting period by the Fonar Corporation amid the fiscal time-frame ending June 30 2022

Fonar Corporations' fourth quarter of 2022 financial report earnings per share grown rapidly by 132.21 % to $0.23 per share from a year ago on growing Revenue of 48.587 % to $24.81 millions.


Tomography_(CAT)_scan_pd Adobe Inc.

Earnings deteriorated In spite of Strong Revenues by in the July to September 02 2022 time-frame

Adobe Inc. faced contraction in eps, in spite of Revenue growth in the most recent fiscal period, profitability decreased by -3.97 % to $2.42 per share, while Revenue increased extensively by 12.656 % to $4.43 billions, from the similar financial reporting period a year ago.




Other FET's Earnings Reports

Forum Energy Technologies reported second quarter 2022 earnings

Forum Energy Technologies reported first quarter 2022 earnings

Forum Energy Technologies reported fourth quarter 2021 earnings

       
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