RNGR Q4 2023 Earnings — Ranger Energy Services, Inc. Revenue & Financial Results | Market Cap Arena

RNGRRanger Energy Services, Inc.

$398M

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$152M-1.8% YoY

Gross Profit

$11M7.4% margin

Operating Income

$7M4.4% margin

Net Income

$2M1.4% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-7.8%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$29M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$396M

Total Liabilities

$125M

Stockholders' Equity

$272M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$154M	-1.8%
Gross Profit	$11M	$16M	-29.6%
Operating Income	$7M	$9M	-27.5%
Net Income	$2M	$8M	-72.4%

Revenue Segments

High Specification Rigs

$79M72%

Processing Solutions And Ancillary Services

$31M28%