Forbes Energy Services Reports 2015 First Quarter Financial Results

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Forbes Energy (FES) Tops Q1 EPS by 14c

May 14, 2015 9:45 AM EDT

Forbes Energy (NASDAQ: FES) reported Q1 EPS of ($0.21), $0.14 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $84.3 million versus the consensus estimate of $85.34 million.

Adjusted EBITDA totaled $14.6 million in the first quarter of 2015, compared to $16.4 million in the fourth quarter of... More