UPDATE: USA Compression Partners (USAC) Misses Q1 EPS by 1c, Revenues Miss
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USA Compression Partners, LP Reports First Quarter 2021 Results; Confirms 2021 Outlook
May 4, 2021 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 first quarter 2021.
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 2020. Adjusted EBITDA was $99.6 million... More