NGS Q3 2024 rental revenue $37.4M (+35% YoY); raises FY 2024 Adj. EBITDA guidance

NATURAL GAS SERVICES GROUP INC

2024-Q3 EPS reported $1.15 revenue$116,084,000

Rental revenue $37.4M, +35% YoY and +7% sequentially.
Net income $5.0M ($0.40 basic EPS) vs $2.2M ($0.18) in Q3 2023.
Adjusted EBITDA $18.2M, vs $11.8M in Q3 2023 and $16.5M in Q2 2024.
FY 2024 Adjusted EBITDA outlook raised; preliminary FY 2025 growth capex view provided.

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