RNGR Q3 2024 Earnings — Ranger Energy Services, Inc. Revenue & Financial Results | Market Cap Arena

RNGRRanger Energy Services, Inc.

$398M

Q3 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$153M-6.9% YoY

Gross Profit

$20M13.0% margin

Operating Income

$13M8.4% margin

Net Income

$9M5.7% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$374M

Total Liabilities

$106M

Stockholders' Equity

$268M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$164M	-6.9%
Gross Profit	$20M	$30M	-32.8%
Operating Income	$13M	$12M	+10.3%
Net Income	$9M	$9M	-7.4%

Revenue Segments

High Specification Rigs

$87M57%

Processing Solutions And Ancillary Services

$36M24%

Wireline Services

$30M20%