USA Compression Partners (USAC) beats on revenue; offers guidance

USA Compression Partners (NYSE: USAC) reported revenue for the quarter came in at $197.1 million versus the consensus estimate of $188.85 million. Adjusted EBITDA was $118.2 million for first-quarter 2023, compared to $98.4 million for first-quarter 2022

Full-Year 2023 Outlook

USA Compression is confirming its full-year 2023 guidance as follows:

Net income range of $75.0 million to $95.0 million;
Adjusted EBITDA range of $490.0 million to $510.0 million; and
Distributable Cash Flow range of $260.0 million to $280.0 million.

For earnings history and earnings-related data on USA Compression Partners (USAC) click here.

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