Archrock (AROC) Misses Q1 EPS by 11c

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Archrock, Inc. Reports First-Quarter 2017 Results

May 4, 2017 6:00 AM EDT

HOUSTON, May 04, 2017 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) today reported a  net loss of $14.0 million in the first quarter of 2017, compared to net loss of $46.1 million in the fourth quarter of 2016 and net loss of $6.7 million in the first quarter of 2016.

EBITDA, as adjusted (as defined below), was $65.4 million for the first quarter 2017, compared to $75.2 million for the fourth quarter of 2016 and $79.8 million for the first quarter of 2016. Other income was $0.8 million in the first quarter of 2017, compared to $4.0 million in the fourth quarter of 2016 and $2.0 million for the first quarter of... More