Natural Gas Services Group reports 2022 rental revenue up 17%; net loss narrows to $0.6M

NATURAL GAS SERVICES GROUP INC

2023-Q1 EPS reported $0.03 revenue$26,620,000

Rental revenue for 2022 was $74.5M, up 17.0% from $63.6M in 2021.
GAAP net loss of $0.6M ($0.05 per share) improved $8.6M from prior year.
Adjusted EBITDA rose to $29.2M in 2022 from $18.7M in 2021.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

NATURAL GAS SERVICES GROUP INC reported three months and full year ended December 31, 2022 results: revenue $74.5 million, net income $(0.05) per basic and diluted share, EPS $(0.05) per basic and diluted share.

Period: three months and full year ended December 31, 2022
Revenue: $74.5 million
Net income: $(0.05) per basic and diluted share
EPS: $(0.05) per basic and diluted share
Result: reported results

Exact text from the filing

herein reflect the consolidated financial statements included in the Company's Form 10-K that will be filed on March 31, 2023. 2022 Highlights • 2022 rental revenue was $74.5 million, an increase of 17.0% when compared to 2021 rental revenue of $63.6 million. • GAAP net loss for the year ended December 31, 2022 was $0.6 million or $(0.05) per basic and

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Source: SEC EDGAR

accession 0001084991-23-000030

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