USA Compression Partners, LP Reports Third Quarter 2020 Results; Updates 2020 Outlook
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USA Compression Partners (USAC) Tops Q3 EPS by 1c
November 3, 2020 7:10 AM ESTUSA Compression Partners (NYSE: USAC) reported Q3 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $161.7 million versus the consensus estimate of $161.58 million.
Third Quarter 2020 Highlights
Total revenues were $161.7 million for the third quarter 2020, compared to $175.8 million for the third quarter 2019.Net income was $6.5 million for the third quarter 2020, compared to $13.3 million for the third quarter 2019.Net cash provided by operating activities was $48.2 million for the third quarter 2020, compared to $61.3 million for the third quarter 2019.Adjusted EBITDA was $103.9 million for the third quarter 2020, compared... More