Natural Gas Services Group Inc. Q1 Income Falls, But Beats Estimates

Natural Gas Services Group Inc. (NGS) released a profit for first quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $4.85 million, or $0.38 per share. This compares with $5.10 million, or $0.41 per share, last year.

Analysts on average had expected the company to earn $0.26 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 12.1% to $41.38 million from $36.91 million last year.

Natural Gas Services Group Inc. earnings at a glance (GAAP) :

-Earnings: $4.85 Mln. vs. $5.10 Mln. last year.
-EPS: $0.38 vs. $0.41 last year.
-Revenue: $41.38 Mln vs. $36.91 Mln last year.

by RTTNews Staff Writer

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