USD Partners LP Announces Third Quarter 2020 Results

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Go back to USD Partners LP Announces Third Quarter 2020 Results

USD Partners LP (USDP) Reports Q3 Revenues Miss

November 4, 2020 4:58 PM EST

USD Partners LP (NYSE: USDP) reported Q3 revenue for the quarter came in at $31.34 million versus the consensus estimate of $34.19 million.

Generated Net Cash Provided by Operating Activities of $16.6 million, Adjusted EBITDA(1) of $15.6 million and Distributable Cash Flow(1) of $13.6 millionReported Net Income of $6.2 millionDeclared a quarterly cash distribution of $0.111 per unit ($0.444 per unit on an annualized basis) with almost 4.5x Distributable Cash Flow Coverage

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