USA Compression Partners, LP Reports First Quarter 2019 Results; Confirms 2019 Outlook
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USA Compression Partners (USAC) Misses Q1 EPS by 1c, Revenues Miss
May 7, 2019 7:17 AM EDTUSA Compression Partners (NYSE: USAC) reported Q1 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $170.7 million versus the consensus estimate of $171.47 million.
Total revenues were $170.7 million.Net income was $6.6 million.Net cash provided by operating activities was $47.8 million.Adjusted EBITDA was $101.4 million.Distributable Cash Flow was $54.9 million.Announced cash distribution of $0.525 per common unit.Distributable Cash Flow Coverage was 1.16x.Cash Coverage was 1.16x.The first quarter represented a great start to the... More

