Archrock Partners, L.P. (APLP) Tops Q2 EPS by 8c

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Go back to Archrock Partners, L.P. (APLP) Tops Q2 EPS by 8c

Archrock Partners Announces Second-Quarter 2016 Financial Results

August 4, 2016 6:05 AM EDT

HOUSTON--(BUSINESS WIRE)-- Archrock Partners, L.P. (NASDAQ: APLP) today reported net income of $3.3 million for the second quarter of 2016, compared to net income of $0.5 million for the first quarter of 2016 and net income of $22.3 million for the second quarter of 2015. EBITDA, as adjusted (as defined below), was $71.2 million for the second quarter of 2016, compared to $69.4 million for the first quarter of 2016 and $83.2 million for the second quarter of 2015. Gross margin in the quarter was $90.7 million, or 65% of revenue in the second quarter of 2016, compared to $93.6 million, or 62% of revenue, in the first quarter of... More