USA Compression Partners, LP Reports Fourth Quarter 2020 Results; Provides 2021 Outlook
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USA Compression Partners (USAC) Misses Q4 EPS by 5c, Revenues Miss
February 16, 2021 7:07 AM ESTUSA Compression Partners (NYSE: USAC) reported Q4 EPS of ($0.14), $0.05 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $158.4 million versus the consensus estimate of $161.54 million.
Fourth Quarter 2020 Highlights
Total revenues were $158.4 million for the fourth quarter 2020, compared to $178.2 million for the fourth quarter 2019.Net loss was $1.5 million for the fourth quarter 2020, compared to net income of $9.3 million for the fourth quarter 2019.Net cash provided by operating activities was $97.5 million for the fourth quarter 2020, compared to $91.7 million for the fourth quarter 2019.Adjusted EBITDA was $98.3 million for the fourth... More