RNGR Q2 2022 Earnings — Ranger Energy Services, Inc. Revenue & Financial Results | Market Cap Arena

RNGRRanger Energy Services, Inc.

$398M

Q2 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$154M+207.2% YoY

Gross Profit

$12M7.9% margin

Operating Income

-$2M-1.4% margin

Net Income

-$400,000-0.3% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+24.3%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$16M

Stock-Based Comp.

$900,000

Balance Sheet

Total Assets

$386M

Total Liabilities

$143M

Stockholders' Equity

$243M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$154M	$50M	+207.2%
Gross Profit	$12M	-$2M	+630.4%
Operating Income	-$2M	-$9M	+74.1%
Net Income	-$400,000	-$6M	+92.9%

Revenue Segments

High Specification Rigs

$76M49%

Wireline Services

$50M32%

Processing Solutions And Ancillary Services

$28M18%