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HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Monday reported a loss of $12.8 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had a loss of $2.22. Losses, adjusted for non-recurring costs, were 45 cents per share.
The provider of manufactured technologies and applied products in the energy sector posted revenue of $190.7 million in the period.
For the year, the company reported net income of $3.7 million, or 62 cents per share, swinging to a profit in the period. Revenue was reported as $699.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FET">Zacks stock report on FET at https://www.zacks.com/ap/FET