secwatch.observer — SEC 8-K summary
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Issuer:     Ranger Energy Services, Inc. (RNGR)
CIK:        0001699039
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001699039-22-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranger Q2 revenue $153.6M (+24% QoQ); net loss narrows to $0.4M from $5.7M
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- Revenue of $153.6M, up 24% from Q1 and 207% YoY; net loss improved $5.3M to $0.4M.
- Adjusted EBITDA of $18.0M grew 88% QoQ; net debt reduced 24% to $70.7M.
- High Spec Rigs revenue $76M (+17% QoQ); Wireline swung to $1.5M operating income.
- FY2022 revenue guidance raised to $580-600M; EBITDA margin 11-13% reaffirmed.
- Acquired Basic assets generated >$130M revenue and >$20M EBITDA in 9 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699039/000169903922000103/0001699039-22-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699039/000169903922000103/rng-20220801.htm
  HTML page:      https://secwatch.observer/filing/0001699039-22-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer