Ranger Energy Services (RNGR) Misses Q2 EPS by 8c

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Ranger Energy Services, Inc. Announces Q2 2022 Results

August 1, 2022 7:45 AM EDT

Delivering significant growth with expanded market presence and reducing leverage.

HOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (NYSE: RNGR) (Ranger or the Company) announced today its results for its fiscal quarter ended June 30, 2022.

Revenues for the second quarter of 2022 were $153.6 million, an increase of $30.0 million, or 24%, from $123.6 million in the prior quarter and an increase of $103.6 million, or 207%, from the second quarter of 2021 as a result of increasing activity and pricing in all segments.

Net loss for the second quarter was... More