USA Compression: Q4 Earnings Snapshot
By AP News
Published - Feb 13, 2024, 07:12 AM ET
Last Updated - Feb 13, 2024, 07:12 AM EST
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — USA Compression Partners LP (USAC) on Tuesday reported profit of $12.8 million in its fourth quarter.
The Austin, Texas-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs, were 10 cents per share.
The natural gas compression services company posted revenue of $225 million in the period.
For the year, the company reported profit of $68.3 million, or 20 cents per share. Revenue was reported as $846.2 million.