Brief: CSI Compressco Reports Qtrly Net Loss Per Diluted Common Unit $0.23

CSI Compressco LP

08/08/2018 12:42

Aug 8 (Reuters) - Csi Compressco Lp  CCLP.O :
    * ANNOUNCES SECOND QUARTER 2018 RESULTS AND PROVIDES UPDATE
ON
TOTAL YEAR FINANCIAL GUIDANCE
    * Q2 REVENUE $99.9 MILLION VERSUS I/B/E/S VIEW $93.5 MILLION
    * PROJECTED 2018 TOTAL CAPITAL EXPENDITURES ARE EXPECTED TO
BE
BETWEEN $110 MILLION AND $120 MILLION
    * MAJORITY OF ADDITIONAL GROWTH CAPITAL IS EXPECTED TO BE
SPENT
TOWARDS END OF 2018, AND IMPACT TO EARNINGS WILL BE IN EARLY
2019
    * EXPECT TO FUND THESE CAPITAL EXPENDITURES FROM RECENTLY
COMPLETED BOND OFFERING
    * EXPECT TOTAL YEAR ADJUSTED EBITDA TO BE BETWEEN $97
MILLION AND
$102 MILLION
    * EXPECT TOTAL YEAR TOTAL YEAR REVENUE TO BE BETWEEN $405
MILLION
AND $420 MILLION
    * QTRLY NET LOSS PER DILUTED COMMON UNIT $0.23
    * Q2 EARNINGS PER SHARE VIEW $-0.22 -- THOMSON REUTERS
I/B/E/S
    * FY2018 REVENUE VIEW $390.4 MILLION -- THOMSON REUTERS
I/B/E/S

Source text for Eikon:  ID:nPn1XbZc3a 
Further company coverage:  CCLP.O 

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