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USA Compression: 4Q Earnings Snapshot

February 19, 2019

AUSTIN, Texas (AP) _ USA Compression Partners LP (USAC) on Tuesday reported fourth-quarter net income of $10.2 million.

The Austin, Texas-based company said it had net income of 1 cent per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The natural gas compression services company posted revenue of $172 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $172.2 million.

For the year, the company reported a loss of $10.6 million, or 43 cents per share, swinging to a loss in the period. Revenue was reported as $584.4 million.

USA Compression shares have increased 15 percent since the beginning of the year. The stock has decreased 17 percent in the last 12 months.


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

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