Ranger Energy Services, Inc. Announces Q1 2020 Results

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Ranger Industries, Inc. (RNGR) Tops Q1 EPS by 18c, Revenues Beat

April 30, 2020 5:02 PM EDT

Ranger Industries, Inc. (NYSE: RNGR) reported Q1 EPS of $0.15, $0.18 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $81 million versus the consensus estimate of $77.88 million.

CEO Comments

Our first quarter performance was highlighted by record high-spec rig revenue per hour and wireline stage count which drove consistent revenue and EBITDA performance. I believe the quarter\'s results speak for themselves and reflect what was to be a strong start to full year... More