Brief: CSI Compressco reports Q3 net loss per diluted common unit $0.47

CSI Compressco LP

04/11/2016 11:30

Nov 4 (Reuters) - CSI Compressco LP  CCLP.O  
    * CSI Compressco LP announces third quarter 2016 results 
    * Qtrly net loss per diluted common unit $0.47 
    * Lowered total capital expenditure forecast for 2016 to $19 
million to $20 million 
    * On November 3, 2016, executed an amendment to existing 
secured credit facility 
    * Amendment converted credit facility to asset-based 
facility, increased leverage ratio covenant to 5.95x through Q2 
of 2018 
    * Q3 revenue $70.7 million versus I/B/E/S view $79.2 million 
 
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