Ranger Energy Services, Inc. Announces Q4 2019 Results

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Ranger Industries, Inc. (RNGR) Reports In-Line Q4 EPS, Revenues Beat

February 27, 2020 5:04 PM EST

Ranger Industries, Inc. (NYSE: RNGR) reported Q4 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $80.2 million versus the consensus estimate of $78.62 million.

As we close out 2019, I would like to reflect on the strategic focus Ranger laid out early last year. Our primary focus entering 2019 was cash flow generation and using that cash to further pay down the modest level of debt carried on our balance sheet. Operationally, we were seeking to drive efficiencies from the wellhead to our back-office systems and process. At the... More