Forbes Energy (FES) Misses Q3 EPS by 17c
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Forbes Energy Services Reports 2015 Third Quarter Financial Results
November 12, 2015 6:03 AM ESTALICE, Texas, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Forbes Energy Services Ltd. (NASDAQ: FES) announced financial and operating results for the three months ended September 30, 2015.
Selected financial information for the quarter ended September 30, 2015:
Consolidated revenues were $55.6 million for the third quarter of 2015, compared to $62.8 million for the second quarter of 2015. Â Gross profit decreased to $9.9 million, or 17.8% of revenues, in the third quarter of 2015, compared to $15.7 million, or 25.0% of revenues, in the second quarter of 2015. Â GAAP net loss attributable to common shareholders was $13.7 million, or $0.62 per diluted share, for the third quarter of... MoreForbes Energy Services Reports 2015 Third Quarter Financial Results
November 12, 2015 6:02 AM ESTALICE, Texas, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Forbes Energy Services Ltd. (NASDAQ: FES) announced financial and operating results for the three months ended September 30, 2015.
Selected financial information for the quarter ended September 30, 2015:
Consolidated revenues were $55.6 million for the third quarter of 2015, compared to $62.8 million for the second quarter of 2015. Â Gross profit decreased to $9.9 million, or 17.8% of revenues, in the third quarter of 2015, compared to $15.7 million, or 25.0% of revenues, in the second quarter of 2015. Â GAAP net loss attributable to common shareholders was $13.7 million, or $0.62 per diluted share, for the third quarter of... More