USA Compression Partners, LP Reports Third Quarter 2019 Results; Updates 2019 Outlook
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USA Compression Partners (USAC) Tops Q3 EPS by 6c
November 5, 2019 7:10 AM ESTUSA Compression Partners (NYSE: USAC) reported Q3 EPS of $0.02, $0.06 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $175.8 million versus the consensus estimate of $172.45 million.
Third Quarter 2019 Highlights
Total revenues were $175.8 million for the third quarter 2019, compared to $168.9 million for the third quarter 2018.Net income was $13.3 million for the third quarter 2019, compared to a net loss of $0.6 million for the third quarter 2018.Net cash provided by operating activities was $61.3 million for the third quarter 2019, compared to $38.8 million for the third quarter 2018.Adjusted EBITDA was $104.3 million for the... More