Archrock Partners, L.P. (APLP) Misses Q1 EPS by 20c

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Archrock Partners Reports First Quarter 2017 Results

May 4, 2017 6:01 AM EDT

HOUSTON, May 04, 2017 (GLOBE NEWSWIRE) -- Archrock Partners, L.P. (NASDAQ: APLP) today reported a net loss of $4.3 million, or $0.07 per diluted common unit, for the first quarter of 2017, compared to a net loss of $14.0 million, or $0.22 per diluted common unit, for the fourth quarter of 2016 and net income of $0.5 million, or $0.01 per diluted common unit, for the first quarter of 2016.

EBITDA, as adjusted (as defined below), was $61.1 million for the first quarter 2017, compared to $69.0 million for the fourth quarter 2016 and $69.4 million for the first quarter 2016.

Revenue was $137.3 million for the first quarter 2017, compared to $135.4... More