CSI Compressco LP (CCLP) Misses Q2 EPS by 13c

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Go back to CSI Compressco LP (CCLP) Misses Q2 EPS by 13c

CSI Compressco LP Announces Second Quarter 2015 Results And Updates 2015 Guidance

August 6, 2015 7:30 AM EDT

MIDLAND, Texas, Aug. 6, 2015 /PRNewswire/ -- CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced second quarter 2015 consolidated results. Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) for the second quarter of 2015 were $31.5 million, with net income of $1.2 million. This compares to Adjusted EBITDA and net income of $10.4 million and $4.9 million, respectively, during the prior year period. Distributable cash flow for the quarter ended June 30, 2015 was $20.6 million (Adjusted EBITDA and distributable cash flow are non-GAAP financial measures that are defined and reconciled to the nearest GAAP... More