Kodiak Q2 revenue $203.3M record; net income $17.5M; FY 2023 Adj. EBITDA guidance $425-440M

Kodiak Gas Services, Inc.

2023-Q2 EPS reported $0.09 revenue$393,418,000

Total revenue $203.3M, up 14.8% YoY; net income $17.5M vs $8.9M in Q2 2022.
Adjusted EBITDA $107.9M, up 11.3% YoY; FY 2023 guidance $425-440M.
Horsepower utilization 99.9%; 84% of fleet in Permian Basin and Eagle Ford Shale.
IPO of 16M shares plus overallotment net proceeds $267.6M used to repay debt.
Planned quarterly dividend $0.35-0.40/share beginning Q4 2023, subject to board approval.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Kodiak Gas Services, Inc. reported the quarter ended June 30, 2023 results: revenue $203.3 million, net income $17.5 million. Guidance reaffirmed.

Period: the quarter ended June 30, 2023
Revenue: $203.3 million
Net income: $17.5 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

today reported financial and operating results for the quarter ended June 30, 2023 and provided full-year 2023 guidance. Second-Quarter 2023 Highlights • Total revenues were $203.3 million, an increase of 14.8% compared to $177.2 million in the second quarter of 2022 • Net income was $17.5 million, compared to net income of $8.9 million in the second quarter of

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Kodiak Gas Services, Inc. updated its full-year 2023 guidance (initiated).

Period: full-year 2023
Guidance: initiated
Result: guidance update

Exact text from the filing

provided full-year 2023 guidance. Second-Quarter 2023 Highlights • Total revenues were $203.3 million

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Kodiak Gas Services, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-207463

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