Natural Gas Services Group, Inc. Reports Third Quarter 2024 Financial and Operating Results; Increases FY 2024 Adjusted EBITDA Guidance
Natural Gas Services Group, Inc. (NGS)
Last natural gas services group, inc. earnings: 11/7 06:00 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=136302&p=irol-irhome
Company Research
Source: GlobeNewswire
Midland, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended September 30, 2024. The Company also updated its prior guidance for the full year, increasing its outlook for Adjusted EBITDA, along with providing a preliminary view of expected level of FY 2025 growth capital expenditures. Third Quarter 2024 Highlights Rental revenue of $37.4 million, an increase of 35% when compared to the third quarter of 2023 and 7% sequentially.Net income of $5.0 million, or $0.40 per basic share, as compared to $2.2 million, or $0.18 per basic share in the comparable year-ago period and $4.2 million, or $0.34 per basic share for the quarter ended June 30, 2024.Adjusted EBITDA of $18.2 million, compared to $11.8 million in the third quarter of 2023 and $16.5 million in
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News
- Natural Gas Services Group, Inc. (NYSE: NGS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Natural Gas Services Group Inc (NGS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth ... [Yahoo! Finance]Yahoo! Finance
- Is Natural Gas Services Group, Inc.'s (NYSE:NGS) Recent Stock Performance Influenced By Its Fundamentals In Any Way? [Yahoo! Finance]Yahoo! Finance
- Natural Gas Services Group Inc (NGS) Q3 2024 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- Natural Gas Services Group, Inc. (NYSE: NGS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
NGS
Earnings
- 11/14/24 - Beat
NGS
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form 144
- 11/18/24 - Form 4
- NGS's page on the SEC website