Ranger Industries, Inc. (RNGR) Tops Q1 EPS by 18c, Revenues Beat
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Ranger Energy Services, Inc. Announces Q1 2020 Results
April 30, 2020 5:00 PM EDTHOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (NYSE: RNGR) (Ranger or the Company) announced today its results for its fiscal quarter ended March 31, 2020.
Revenue, net income and Adjusted EBITDA sequentially flat to up despite softening market
Wireline recorded new peak period stage count
High Specification Rigs posted record rig rates
Aggressive cost cutting now taking place to reflect current market conditions
Consolidated Financial Highlights
Revenues increased 1% to $81.0 million in Q1, from $80.2 million in Q4. Our Completion and Other Services and High... More
