RNGR Q3 2023 Earnings — Ranger Energy Services, Inc. Revenue & Financial Results | Market Cap Arena

RNGRRanger Energy Services, Inc.

$398M

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$164M-7.1% YoY

Gross Profit

$30M18.0% margin

Operating Income

$12M7.1% margin

Net Income

$9M5.7% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

-$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$394M

Total Liabilities

$113M

Stockholders' Equity

$281M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$164M	$177M	-7.1%
Gross Profit	$30M	$28M	+5.3%
Operating Income	$12M	$18M	-35.0%
Net Income	$9M	$14M	-30.9%

Revenue Segments

High Specification Rigs

$79M48%

Wireline Services

$53M32%

Processing Solutions And Ancillary Services

$32M19%