financetom
Business
financetom
/
Business
/
Kodiak Gas Services Q2 Earnings Fall, Revenue Rises
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kodiak Gas Services Q2 Earnings Fall, Revenue Rises
Aug 13, 2024 1:08 AM

03:54 AM EDT, 08/13/2024 (MT Newswires) -- Kodiak Gas Services ( KGS ) reported Q2 earnings Monday of $0.06 per diluted share, down from $0.30 a year earlier.

Two analysts surveyed by Capital IQ expected $0.49.

Revenue for the quarter ended June 30 was $309.7 million, compared with $203.3 million a year earlier.

Analysts polled by Capital IQ expected $311.4 million.

For full-year 2024, adjusted EBITDA is now projected to be between $590 million and $610 million, compared with the prior outlook of between $580 million and $610 million.

Shares of Kodiak Gas declined 2.6% in the after-market hours on Monday.

Price: 28.56, Change: -0.75, Percent Change: -2.56

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved