CSI Compressco LP (CCLP) Reports Q1 EPS of $0.00
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CSI Compressco LP Announces First Quarter 2017 Results
May 9, 2017 7:20 AM UTCTHE WOODLANDS, Texas, May 9, 2017 /PRNewswire/ --Â CSI Compressco LP ("CSI Compressco" or the "Partnership") (NASDAQ: CCLP) today announced first quarter 2017 consolidated financial results.
Highlights include:
Net loss of $15.6 million, including $1.9 million unfavorable non-cash fair market value adjustment to the Series A Preferred Adjusted EBITDA(1) of $19.9 million including approximately $1 million of costs to prepare idle fleet equipment for deployment Cash distribution of $0.1875 per common unit, reduced 50% from the prior quarter, with the excess cash... More