Ranger Energy Services Reports Q2 GAAP EPS of $0.29, Revenue Beats Estimates at $176.5M
Ranger Energy Services (NYSE: RNGR) reported second-quarter results with a GAAP earnings per share (EPS) of $0.29 and revenue of $176.5 million, which exceeded estimates by $12.15 million. The company's revenue grew year-over-year by 25.5%, reflecting strong performance in its energy services segment. Adjusted EBITDA for the quarter was reported at $28.6 million with an adjusted EBITDA margin of 16.2%. This marks a slight improvement from Q1 2026, where Adjusted EBITDA stood at $23.3 million and margins were 14.6%, indicating better operational efficiency in the second quarter. The results highlight Ranger Energy Services' ability to capitalize on market conditions and improve profitability despite ongoing industry challenges.
Tickers: $RNGR
Topics: Adjusted EBITDA Earnings Revenue Growth