USA Compression Partners, LP (NYSE:USAC) reported a significant increase in Q4 fiscal 2023 revenue, surpassing market expectations with a total of $225.049 million, an 18.4% growth YoY. Earnings per unit rose to $0.02, reversing a loss from the previous year. The company also saw improvements in adjusted gross margin, operating income, and EBITDA margin. Distributable Cash Flow and horsepower utilization also increased. Looking ahead to 2024, USAC expects a tight compression market to benefit its operations, forecasting higher net income, Adjusted EBITDA, and Distributable Cash Flow. Despite the positive report, USAC shares dropped 1.32% to $23.58.