RNGR Q2 2023 Earnings — Ranger Energy Services, Inc. Revenue & Financial Results | Market Cap Arena

RNGRRanger Energy Services, Inc.

$398M

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$163M+6.3% YoY

Gross Profit

$18M11.2% margin

Operating Income

$11M7.0% margin

Net Income

$6M3.7% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$16M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$365M

Total Liabilities

$91M

Stockholders' Equity

$274M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$154M	+6.3%
Gross Profit	$18M	$12M	+49.2%
Operating Income	$11M	-$2M	+618.2%
Net Income	$6M	-$400,000	+1625.0%

Revenue Segments

High Specification Rigs

$78M48%

Wireline Services

$55M33%

Processing Solutions And Ancillary Services

$31M19%