USA Compression Partners (USAC) Misses Q2 EPS by 6c, Reveneus Miss; Updates FY20 Outlook
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USA Compression Partners, LP Reports Second Quarter 2020 Results; Updates 2020 Outlook
August 4, 2020 7:00 AM EDTAUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (USA Compression or the Partnership) announced today its financial and operating results for the second quarter 2020.
Second Quarter 2020 Highlights
Total revenues were $168.7 million for the second quarter 2020, compared to $173.7 million for the second quarter 2019. Net income was $2.7 million for the second quarter 2020, compared to $9.9 million for the second quarter 2019. Net cash provided by operating activities was $97.4 million for the second quarter 2020, compared to $99.8 million for the second quarter 2019. Adjusted EBITDA was $105.5 million for the second quarter 2020,... More