CSI Compressco LP (CCLP) Misses Q3 EPS by 3c

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CSI Compressco LP Announces Third Quarter 2015 Results

November 5, 2015 7:30 AM EST

MIDLAND, Texas, Nov. 5, 2015 /PRNewswire/ -- CSI Compressco LP (CSI Compressco or the Partnership) (NASDAQ: CCLP) today announced third quarter 2015 consolidated results. Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) for the third quarter of 2015 were $32.0 million, with net income of $1.6 million. This compares to Adjusted EBITDA and net income (loss) of $26.1 million and $(2.6) million, respectively, during the prior year period. Distributable cash flow for the quarter ended September 30, 2015 was $21.8 million (Adjusted EBITDA and distributable cash flow are non-GAAP financial measures that are defined and reconciled to the nearest... More