Forum Energy Technologies Q1 Earnings Call Highlights
Williams said international revenue rose 7%, with Canada, Europe and Latin America each posting double-digit gains, marking the third consecutive quarter in which international revenue exceeded U.S. revenue. Offshore revenue expanded 10%, driven by a 20% increase in the subsea product line as the company began executing orders secured last year.Executive Vice President and CFO Lyle Williams reported first-quarter revenue of $209 million, near the top end of guidance. Compared to the prior quarter, he said r ...