RNGRRanger Energy Services, Inc.

$398M

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$158M+27.4% YoY

Gross Profit

$17M10.5% margin

Operating Income

$9M5.8% margin

Net Income

$6M3.9% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$12M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$376M

Total Liabilities

$103M

Stockholders' Equity

$272M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$124M	+27.4%
Gross Profit	$17M	$4M	+315.0%
Operating Income	$9M	-$5M	+276.9%
Net Income	$6M	-$6M	+208.8%

Revenue Segments

High Specification Rigs

$78M49%

Wireline Services

$50M32%

Processing Solutions And Ancillary Services

$30M19%

RNGR Q1 2023 Earnings — Ranger Energy Services, Inc. Revenue & Financial Results | Market Cap Arena