secwatch.observer — SEC 8-K summary
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Issuer:     Kodiak Gas Services, Inc. (KGS)
CIK:        0001767042
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001767042-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodiak Q1 revenue $215.5M, record Adj. EBITDA $117.8M; raises FY2024 guidance
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- Q1 total revenues $215.5M (up 13% YoY); net income $30.2M vs net loss $12.3M a year ago.
- Record quarterly Adjusted EBITDA $117.8M (up 11% YoY); horsepower utilization 99.8%.
- FY2024 Adjusted EBITDA guidance raised to $580-610M; DCF expected $360-390M.
- Declared cash dividend of $0.38/share ($1.52 annualized).
- Closed CSI Compressco acquisition on April 1, 2024, forming largest contract compression fleet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767042/000176704224000028/0001767042-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767042/000176704224000028/kgs-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001767042-24-000028

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