---
schema_version: "secwatch.filing_event.v1"
accession: "0001699039-23-000096"
form_type: "8-K"
ticker: "RNGR"
cik: "0001699039"
company_name: "Ranger Energy Services, Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:29:38.034840+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ranger Q2 revenue $163.2M (+6% YoY), net income $6.1M vs loss, initiates $0.05 dividend

## Summary
- Revenue $163.2M (+6% YoY); net income $6.1M ($0.24 diluted EPS) vs loss of $0.4M in Q2 2022.
- Adjusted EBITDA $21.9M (+22% YoY); free cash flow $28.0M YTD with 67% conversion rate.
- Reduced debt to $0.3M from $18.4M at year-end 2022; net debt zero goal achieved.
- Declared first quarterly dividend of $0.05/share, payable Sept 8, 2023 to record Aug 18, 2023.
- FY 2023 revenue guidance narrowed to $660-680M; Adj EBITDA forecast $92-97M.

## SEC filing metadata
- accession: 0001699039-23-000096
- form_type: 8-K
- ticker: RNGR
- cik: 0001699039
- company_name: Ranger Energy Services, Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699039/000169903923000096/0001699039-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699039/000169903923000096/rng-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001699039-23-000096
- JSON: https://secwatch.observer/filing/0001699039-23-000096.json
- Plain text: https://secwatch.observer/filing/0001699039-23-000096.txt

## Key facts
- Earnings Releases
  Ranger Energy Services, Inc. reported the quarter ending June 30, 2023 results: revenue $163.2 million, net income $6.1 million, EPS $0.24 per fully diluted share.
  - Period: the quarter ending June 30, 2023
  - Revenue: $163.2 million
  - Net income: $6.1 million
  - EPS: $0.24 per fully diluted share
  - Result: reported results
  source text: Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”) announced today its results for the second quarter ended June 30, 2023 . Second Quarter 2023 Highlights – Revenue of $163.2 million, a 6% increase from $153.6 million in second quarter 2022 – Net income of $6.1 million, or $0.24 per fully diluted share, up from a net loss of $0.4 million, or $0.02 loss per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1699039/000169903923000096/0001699039-23-000096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.