Forum Energy Technologies, Inc. (FET) Q3 2022 Earnings Call Transcript

Nov. 09, 2022 2:22 PM ETForum Energy Technologies, Inc. (FET)
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Forum Energy Technologies, Inc. (NYSE:FET) Q3 2022 Results Conference Call November 9, 2022 12:00 PM ET

Company Participants

Rob Kukla - Director, IR

Neal Lux - President and CEO

Lyle Williams - CFO

Conference Call Participants

John Daniel - Daniel Energy Partners

Dan Pickering - Pickering Energy Partners


Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Third Quarter 2022 Earnings Conference Call. My name is Towanda, and I will be your coordinator for today’s call. [Operator Instructions] At this time, all participants are in a listen-only mode. And all lines have been place on mute to prevent any background noise. This conference call is being recorded for replay purposes and will be available on the Company’s website.

I would now like to turn the conference over to Rob Kukla, Director of Investor Relations. Please proceed, sir.

Rob Kukla

Thank you, Towanda. Good morning, and welcome to FET’s third quarter 2022 earnings conference call. With me today are Neal Lux, our President and Chief Executive Officer; and Lyle Williams, our Chief Financial Officer. We issued our earnings release after the market closed yesterday and it is available on our website at

Before we begin, we would like to caution listeners regarding forward-looking statements. Our remarks today may contain information other than historical information. Please note that we are relying on the Safe Harbor protections afforded by Federal Law. All such remarks should be considered in the context of the many factors that affect our business, including those disclosed in our Form 10-K along with other SEC filings.

Management’s statements may include non-GAAP financial measures. For a reconciliation of these measures, refer to our earnings release. During today’s call, all statements related to EBITDA will refer to adjusted EBITDA. And unless otherwise noted, all comparisons are third quarter 2022 to second quarter

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