Brief: USA Compression Partners Sees FY2020 Net Loss Range Of $600 Million-$580 Million

USA Compression Partners LP (Texas)

04/08/2020 12:17

Aug 4 (Reuters) - USA Compression Partners LP  USAC.N :
    * USA COMPRESSION PARTNERS, LP REPORTS SECOND QUARTER 2020
RESULTS; UPDATES 2020 OUTLOOK
    * Q2 REVENUE $168.7 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$170.3 MILLION
    * SEES FY 2020 NET LOSS RANGE OF $600.0 MILLION TO $580.0
MILLION
    * SEES FY 2020 ADJUSTED EBITDA RANGE OF $395.0 MILLION TO
$415.0
MILLION
    * QTRLY BASIC AND DILUTED LOSS PER COMMON UNIT $0.10
    * AS OF JUNE 30, 2020, CO WAS IN COMPLIANCE WITH ALL
COVENANTS
UNDER ITS $1.6 BILLION REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nBw2nSMmqa 
Further company coverage:  USAC.N 

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