USA Compression Partners, LP Reports Second Quarter 2019 Results; Updates 2019 Outlook

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Go back to USA Compression Partners, LP Reports Second Quarter 2019 Results; Updates 2019 Outlook

USA Compression Partners (USAC) Tops Q2 EPS by 2c; Updates FY19 Outlook

August 6, 2019 7:13 AM EDT

USA Compression Partners (NYSE: USAC) reported Q2 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $173.7 million versus the consensus estimate of $172.87 million.

Second Quarter 2019 Highlights

Total revenues were $173.7 million for the second quarter 2019, compared to $166.9 million for the second quarter 2018.Net income was $9.9 million for the second quarter 2019, compared to $3.2 million for the second quarter 2018.Net cash provided by operating activities was $99.8 million for the second quarter 2019, compared to $75.5 million for the second quarter 2018.Adjusted EBITDA was $104.7 million for the second quarter 2019, compared... More