earnings
confidence high
sentiment neutral
materiality 0.65
Ranger Energy Q3 revenue $153M, net income $8.7M; declares $0.05 dividend
Ranger Energy Services, Inc.
2024-Q3 EPS reported
$0.55
revenue$428,000,000
- Revenue $153M (+11% QoQ, -7% YoY); net income $8.7M ($0.39 EPS) vs $4.7M Q2, $9.4M YoY.
- Adjusted EBITDA $25.1M (+20% QoQ, +5% YoY); Free Cash Flow $10.8M Q3, $23.1M YTD.
- Share repurchases YTD: 1.52M shares for $15.5M at avg $10.11; 81% of FCF returned to shareholders.
- Board member Charlie Leykum retiring Nov 1; board reduced to 6 members.
- Quarterly dividend $0.05/share declared, payable Nov 22 to holders of record Nov 8.