Archrock (AROC) Misses Q2 EPS by 4c

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Archrock, Inc. Reports Second Quarter 2018 Results

August 2, 2018 6:00 AM EDT

HOUSTON, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (Archrock or the Company) today reported results for the second quarter of 2018.

Second Quarter 2018 Financial Results

Revenue for the second quarter of 2018 was $226.9 million, up from $198.0 million in the second quarter of 2017. Net income for the second quarter of 2018 was $4.1 million, compared to a net loss of $4.0 million in the second quarter of 2017. Gross margin for the second quarter of 2018 totaled $108.3 million, compared to $96.1 million for the second quarter of 2017. Adjusted EBITDA (as defined below), was $84.7 million for the... More