Natural Gas Services Group Q1 rental revenue up 48% YoY to $33.7M; net income $5.1M

NATURAL GAS SERVICES GROUP INC

2024-Q1 EPS reported $0.41 revenue$36,907,000

Rental revenue $33.7M, +48% vs Q1 2023 and +7% vs Q4 2023.
Net income $5.1M ($0.41 basic EPS) compared to $0.4M ($0.03) a year ago.
Adjusted EBITDA $16.9M, more than double Q1 2023's $7.8M and up from $16.3M in Q4 2023.

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 0.9

NATURAL GAS SERVICES GROUP INC reported first quarter ended March 31, 2024 results: revenue $33.7 million, net income $5.1 million, EPS $0.41 per basic share.

Period: first quarter ended March 31, 2024
Revenue: $33.7 million
Net income: $5.1 million
EPS: $0.41 per basic share
Result: reported results

Exact text from the filing

technology and services to the energy industry, today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Rental revenue of $33.7 million, an increase of 48% when compared to the first quarter of 2023 and 7% when compared to the fourth quarter of 2023. • Net income of $5.1 million, or $0.41 per basic share, as

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NATURAL GAS SERVICES GROUP INC reported three months ended March 31, 2024 results: revenue $33.7 million, net income $5.1 million, EPS $0.41 per basic share.

Period: three months ended March 31, 2024
Revenue: $33.7 million
Net income: $5.1 million
EPS: $0.41 per basic share
Result: reported results

Exact text from the filing

technology and services to the energy industry, today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights • Rental revenue of $33.7 million, an increase of 48% when compared to the first quarter of 2023 and 7% when compared to the fourth quarter of 2023. • Net income of $5.1 million, or $0.41 per basic share, as

View on SEC.gov

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Source: SEC EDGAR

accession 0001084991-24-000047

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