09:06 AM EDT, 05/07/2024 (MT Newswires) -- USA Compression Partners ( USAC ) reported Q1 net income Tuesday of $0.19 per diluted unit, compared with a loss of $0.01 per unit a year earlier.
Four analysts polled by Capital IQ expected earnings of $0.12.
Total revenue for the quarter ended March 31 was $229.3 million, up from $197.1 million a year earlier.
Three analysts surveyed by Capital IQ expected $228.4 million.
The company maintained its 2024 net income guidance of $95 million to $115 million. Analysts surveyed by Capital IQ expect $81.5 million.
Shares of the company added more than 2% in recent premarket activity Tuesday.
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