USA Compression Partners (USAC) Misses Q4 EPS by 3c, Revenues In-Line
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USA Compression Partners, LP Reports Fourth Quarter 2019 Results; Provides 2020 Outlook
February 18, 2020 7:00 AM ESTAUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (USA Compression or the Partnership) announced today its financial and operating results for the fourth quarter 2019.
Fourth Quarter 2019 Highlights
Total revenues were $178.2 million for the fourth quarter 2019, compared to $172.0 million for the fourth quarter 2018. Net income was $9.3 million for the fourth quarter 2019, compared to $10.2 million for the fourth quarter 2018. Net cash provided by operating activities was $91.7 million for the fourth quarter 2019, compared to $93.1 million for the fourth quarter 2018. Adjusted EBITDA was $109.2 million for the fourth quarter 2019,... More