Archrock (AROC) Reports Q3 EPS of $0.14
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Archrock Reports Third Quarter 2019 Results
October 28, 2019 6:45 PM EDTHOUSTON, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (Archrock) today reported results for the third quarter of 2019.
Third Quarter 2019 Financial Results
Net income for the third quarter of 2019 was $20.4 million compared to $10.0 million in the third quarter of 2018.Adjusted EBITDA (a non-GAAP measure as defined below) for the third quarter of 2019 was $112.1 million, up 25% compared to the third quarter of 2018, and includes $8.0 million in gains related to the sale of compression assets.Total operating horsepower at the end of the third quarter of 2019 was 3.9... More