USA Compression reports Q2 EPS 22c, consensus 24c

Reports Q2 revenue $250.1M, consensus $246.99M.”USA Compression’s (USAC) second-quarter financial and operational results reflected another record-setting quarter for revenues and average revenue per-horsepower of $21.31, up 5% from a year ago. We continue to see strong demand for our services across both oil and gas producing basins which drove year-over-year increases in revenues, Adjusted EBITDA, and Distributable Cash Flow,” commented Clint Green, USA Compression’s President and CEO.