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- Tenaris Litigation Charge (new) — A $3.0 million litigation charge was recorded in Q3 2026, indicating a material development in the ongoing legal matter.
- Cash-settled Awards Modification (new) — Modification of 128,099 awards to cash settlement will trigger a one-time $4.0 million stock-based compensation charge in Q4 2026.
Forum Energy swings to $11.2M profit on 20.7% revenue growth and PTR acquisition
Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read
Key Changes
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high
Revenue rose 20.7% to $236.8M, and operating income swung from a $6.1M loss to a $20.0M profit.
MD&A: Revenue & Operating Income verify on EDGAR → -
high
Net income was $11.2M, or $0.93 per diluted share, versus a $20.6M loss a year ago.
MD&A: Net Income verify on EDGAR → -
high
Completed cash plus up to $10.0M earn-out, adding $14.8M goodwill and $15.4M intangibles.
Notes: PTR Acquisition verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Nov 2, 2026 · How we verify