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CSI Compressco: 4Q Earnings Snapshot

February 26, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCLP at https://www.zacks.com/ap/CCLP