Ranger Energy Services reports drop in second-quarter income

Earnings
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Summary · why it matters

Ranger Energy Services posted a decline in second-quarter earnings. Net income fell to $6.9 million, or $0.29 per share, from $7.3 million, or $0.32 per share, in the same period last year. Revenue rose 25.5% to $176.5 million from $140.6 million a year earlier.

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