CSI Compressco: 4Q Earnings Snapshot
THE WOODLANDS, Texas (AP) _ CSI Compressco LP (CCLP) on Wednesday reported a loss of $2 million in its fourth quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 4 cents.
The compression services provider posted revenue of $123.5 million in the period.
For the year, the company reported that its loss narrowed to $21 million, or 44 cents per share. Revenue was reported as $476.6 million.
CSI Compressco expects full-year revenue in the range of $430 million to $460 million.
The company’s shares closed at $1.80. A year ago, they were trading at $2.84.