Forbes Energy Services Ltd. reported consolidated unaudited earnings and operational results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $114,466,000 compared to $104,854,000 a year ago. Loss from continuing operations before taxes was $2,112,000 compared to $8,613,000 a year ago. Loss from continuing operations were $1,543,000 or $0.08 per basic and diluted share against $5,652,000 or $0.27 per basic and diluted share a year ago. Net loss attributable to common shareholders was $1,737,000 or $0.08 per basic and diluted share compared to $5,905,000 or $0.28 per basic and diluted share a year ago. Adjusted EBITDA was $19,544,000 compared to $13,047,000 a year ago.

For the nine months period, the company reported total revenues of $337,552,000 compared to $310,274,000 a year ago. Loss from continuing operations before taxes was $5,989,000 compared to $13,073,000 a year ago. Loss from continuing operations were $4,330,000 or $0.23 per basic and diluted share against $8,917,000 or $0.44 per basic and diluted share a year ago. Net loss attributable to common shareholders was $4,912,000 or $0.23 per basic and diluted share compared to $9,794,000 or $0.46 per basic and diluted share a year ago. Adjusted EBITDA was $58,647,000 compared to $50,424,000 a year ago.

For the quarter, the company reported total rig hours of 129,362 against 118,860 a year ago. Total truck hours were 271,916 against 281,785 a year ago.

For the nine months period, the company reported total rig hours of 382,825 against 327,953 a year ago. Total truck hours were 793,649 against 914,074 a year ago.