earnings
confidence high
sentiment positive
materiality 0.65
Natural Gas Services Group Q1 2022 net income $0.3M, rental revenue $17.1M
NATURAL GAS SERVICES GROUP INC
2022-Q1 EPS reported
$0.03
revenue$20,336,000
- Net income of $0.3M ($0.03 EPS), improvement of $6.0M from Q4 2021 and $0.7M from Q1 2021.
- Rental revenue $17.1M, up 4% sequentially and 12% year-over-year.
- Adjusted EBITDA $6.8M, up 191% from Q4 2021 and 5% from Q1 2021.
- Company swung from net loss in Q4 2021 to profitability in Q1 2022.