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Archrock reports Q2 adjusted EPS 39c, consensus 39c

Reports Q2 revenue $383.2M, consensus $365.84M. “Archrock’s (AROC) second quarter performance was outstanding,” said Brad Childers, Archrock’s CEO. “We completed the acquisition of NGCS, delivered 368,000 operating horsepower growth sequentially, and maintained a record utilization rate on our fleet of 96%. In addition, we delivered impressive profitability levels in both segments as our team focuses on generating sustainable efficiency gains through the deployment of innovative processes and technology.

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