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USA Compression
🇺🇸 NYSE:USAC
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Jun 30, 2020

USA Compression Q2 2020 Earnings Report

Reported a solid second quarter, driven by the stability of a large horsepower business model, a strong customer base and the benefits of certain cost saving and capital spending decisions taken at the end of the first quarter.

Key Takeaways

USA Compression Partners reported total revenues of $168.7 million, net income of $2.7 million, Adjusted EBITDA of $105.5 million, and Distributable Cash Flow of $58.7 million for the second quarter 2020.

Total revenues were $168.7 million for the second quarter 2020, compared to $173.7 million for the second quarter 2019.

Net income was $2.7 million for the second quarter 2020, compared to $9.9 million for the second quarter 2019.

Adjusted EBITDA was $105.5 million for the second quarter 2020, compared to $104.7 million for the second quarter 2019.

Distributable Cash Flow was $58.7 million for the second quarter 2020, compared to $54.1 million for the second quarter 2019.

Total Revenue
$169M
Previous year: $174M
-2.9%
EPS
-$0.06
Previous year: $0.01
-700.0%
Distributable Cash Flow
$58.7M
Previous year: $54.1M
+8.6%
Adjusted EBITDA
$105M
Previous year: $105M
+0.7%
Cash distribution per unit
$0.525

USA Compression

USA Compression

USA Compression Revenue by Segment

Forward Guidance

USA Compression is updating its full-year 2020 guidance as follows: Net loss range of $600.0 million to $580.0 million; Adjusted EBITDA range of $395.0 million to $415.0 million; and Distributable Cash Flow range of $195.0 million to $215.0 million.

Company Overview

Full financial data and analysis

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