ERF Wireless Inc. announced earnings results for the first quarter ended March 31, 2014. The company reported revenues of $1,592,000 for the quarter ended March 31, 2014, as compared to revenues of $1,913,000 for the quarter ended March 31, 2013; a decrease of $321,000 or 17%. The company reduced its burn rate as measured by earnings before interest taxes depreciation and amortization (EBITDA) to a loss or burn rate of $269,000 for the quarter ended March 31, 2014, as compared to a EBITDA loss or burn rate of $647,000 for the quarter ended March 31, 2013, a decrease of $378,000 or 58%.

The company reported net cash used by operating activities of $1,000 for the quarter ended March 31, 2014 as compared to net cash used by operating activities of $1,109,000 for the quarter ended March 31, 2013, a decrease of $1,108,000.