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Natural Gas Services: 3Q Earnings Snapshot

MIDLAND, Texas (AP) _ Natural Gas Services Group Inc. (NGS) on Thursday reported third-quarter net income of $236,000.

On a per-share basis, the Midland, Texas-based company said it had profit of 2 cents.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 2 cents per share.

The maker of natural gas compression equipment and industrial flare systems posted revenue of $16.4 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $18.3 million.

Natural Gas Services shares have fallen 26 percent since the beginning of the year. The stock has declined 29 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NGS at https://www.zacks.com/ap/NGS