CSI Compressco LP (CCLP) Posts Q3 Revenue of $114M
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
CSI Compressco LP Announces Strong Third Quarter Results And Updates Total Year Financial Guidance
November 6, 2019 7:00 AM ESTTHE WOODLANDS, Texas, Nov. 6, 2019 /PRNewswire/ -- CSI Compressco LP ("CSI Compressco") (NASDAQ: CCLP) announced third quarter 2019 revenue of $114 million and a net loss of $3.6 million. Distributable cash flow(1) improved 1% sequentially to $15.8 million while Adjusted EBITDA(1) increased 4% sequentially to $34.0 million as lower new equipment sales due to timing of shipments were more than offset by stronger compression services earnings. Adjusted EBITDA was the highest since the fourth quarter of 2014 as a result of achieving another quarter of record high compression service gross margins and equipment utilization.
... More