Kodiak Gas Services reports Q2 EPS 43c, consensus 46c

Reports Q2 revenue $322.84M, consensus $332.6M. “Kodiak’s performance in the second quarter reflects our commitment to operational excellence and the strong fundamentals for contract gas compression,” said Mickey McKee, Kodiak’s CEO. “Our fourth consecutive quarterly increase in Contract Services adjusted gross margin percentage and our record quarterly adjusted EBITDA are the product of our strategic focus on large horsepower compression, fleet optimization and significant investments in both technology and our people. This approach not only strengthens our market position but also ensures we continue to meet the evolving needs of our customers with reliability and efficiency.”