USA Compression Partners (USAC) Misses Q1 EPS by 2c

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Go back to USA Compression Partners (USAC) Misses Q1 EPS by 2c

USA Compression Partners Reports First Quarter 2022 Results; Confirms 2022 Outlook

May 3, 2022 7:00 AM EDT

AUSTIN, 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 2022.

First Quarter 2022 Highlights

Total revenues were $163.4 million for the first quarter 2022, compared to $157.5 million for the first quarter 2021. Net income was $3.3 million for the first quarter 2022, compared to $0.4 million for the first quarter 2021. Net cash provided by operating activities was $35.1 million for the first quarter 2022, compared to $39.6 million for the first quarter... More