USD Partners LP Announces First Quarter 2021 Results

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Go back to USD Partners LP Announces First Quarter 2021 Results

USD Partners LP (USDP) Reports Q1 Revenues Miss

May 5, 2021 4:53 PM EDT

USD Partners LP (NYSE: USDP) reported Q1 revenue for the quarter came in at $30.6 million versus the consensus estimate of $34.19 million.

Financial highlights with respect to the first quarter of 2021 include the following:

Generated Net Cash Provided by Operating Activities of $12.6 million, Adjusted EBITDA(1) of $14.6 million and Distributable Cash Flow(1) of $12.5 millionReported Net Income of $7.3 millionIncreased... More