Positive cash flows and a swing to operating profits led to a big beat on the bottom line.
News & Analysis: Forum Energy Technologies
FET earnings call for the period ending December 31, 2018.
The oilfield products company took a dive after reporting fourth-quarter results.
Both companies reported $150 million in revenue for the final quarter of last year, but one is worth more than twice the other. Is that the deciding factor?
It's earnings season, and Wall Street didn't like much of what Forum Energy Technologies Inc had to say about earnings in the second quarter.
A positive analyst report and rising oil prices are all the fuel Forum Energy Technologies needed to pop 13% on Friday.
Just the facts, Fool.
Keep your eye on margins.
Forum Energy Technologies is involved in several key oil-field services areas. It's young, but well worth your attention.
All cash flow is not created equal.