USA Compression Partners, LP Reports First Quarter 2021 Results; Confirms 2021 Outlook

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Go back to USA Compression Partners, LP Reports First Quarter 2021 Results; Confirms 2021 Outlook

UPDATE: USA Compression Partners (USAC) Misses Q1 EPS by 1c, Revenues Miss

May 4, 2021 7:06 AM EDT

(Updated - May 4, 2021 7:06 AM EDT)

USA Compression Partners (NYSE: USAC) reported Q1 EPS of ($0.12), $0.01 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $157.5 million versus the consensus estimate of $159.85 million.

First Quarter 2021 Highlights

Total revenues were $157.5 million for the first quarter 2021, compared to $179.0 million for the first quarter 2020.Net income was $0.4 million for the first quarter 2021, compared to a net loss of $602.5 million for the first quarter 2020.Net cash provided by operating activities was $39.6 million for the first quarter 2021, compared to $50.1 million for the first quarter... More