Forbes Energy (FES) Misses Q2 EPS by 9c
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Forbes Energy Services Reports 2015 Second Quarter Financial Results
August 12, 2015 7:00 AM EDTALICE, Texas, Aug. 12, 2015 (GLOBE NEWSWIRE) -- Forbes Energy Services Ltd. (NASDAQ: FES) announced financial and operating results for the three months ended June 30, 2015.
Selected financial information for the quarter ended June 30, 2015:
Consolidated revenues were $62.8 million for the second quarter of 2015, compared to $84.3 million for the first quarter of 2015. Gross profit decreased to $15.7 million, or 25% of revenues, in the second quarter of 2015, compared to $23.8 million, or 28.2% of revenues, in the first quarter of 2015. GAAP net loss attributable to common shareholders was $8.9... More