Palo Alto delivered an in-line revenue while beating profitability in the quarter. FY4Q24 results exceeded expectations, with revenue growth, adjusted EPS, and NGS ARR showing positive signs. Management reiterated their goal to achieve NGS ARR of $15 billion by FY2030, and that FY2025 NGS ARR is expected to grow 28%.
Start Time: 08:30 January 1, 0000 9:11 AM ET Natural Gas Services Group, Inc. (NYSE:NGS ) Q2 2024 Earnings Conference Call August 15, 2024, 08:30 AM ET Company Participants Justin Jacobs - CEO John Bittner - Interim CFO Brian Tucker - President and COO Anna Delgado - IR Conference Call Participants Rob Brown - Lake Street Capital Jim Rollyson - Raymond James Tate Sullivan - the Maxim Group Selman Akyol - Stifel Operator Good morning, ladies and gentlemen, and welcome to the Natural Gas Services Group, Inc. Quarter 2 Earnings Call. At this time, all participants are in listen-only mode.