USA Compression Partners 2024 Outlook: Expects Net Income Of $95M-$115M, Adjusted EBITDA Of $555M-$575M, And Distributable Cash Flow Of $310M-$330M
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USA Compression Partners (USAC) has provided its full-year 2024 financial outlook, expecting a net income of $95M-$115M, adjusted EBITDA of $555M-$575M, and distributable cash flow of $310M-$330M. The guidance includes various financial adjustments such as interest expense, depreciation, amortization, and unit-based compensation expense.
February 13, 2024 | 12:05 pm
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USA Compression Partners expects a net income of $95M-$115M, adjusted EBITDA of $555M-$575M, and distributable cash flow of $310M-$330M for the full year 2024.
The provided financial outlook for 2024 indicates a positive performance expectation from USA Compression Partners. The detailed guidance on net income, adjusted EBITDA, and distributable cash flow suggests a strong operational and financial position. This positive outlook is likely to instill investor confidence and could lead to a short-term positive impact on USAC's stock price.
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