Archrock Partners, L.P. (APLP) Posts Q4 EPS of $0.04
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Archrock, Inc. Reports Fourth Quarter and Full Year 2017 Results
February 22, 2018 6:01 AM ESTHOUSTON, Feb. 22, 2018 (GLOBE NEWSWIRE) --
Archrock, Inc. (NYSE: AROC) today reported a net income of $49.1 million in the fourth quarter of 2017, compared to a net loss of $12.7 million in the third quarter of 2017 and a net loss of $46.1 million in the fourth quarter of 2016. Net income was $18.4 million for 2017, compared to net loss of $65.2 million for 2016. Both the fourth quarter of 2017 and full year 2017 results include an income tax benefit of $53.4 million from the Tax Cuts and Jobs Act.
EBITDA, as adjusted (as defined below), was $71.9 million for the fourth quarter 2017,... More
