CSI Compressco: 2Q Earnings Snapshot

By The Associated Press

Posted Aug 3, 2020 08:37:11 AM.

Last Updated Aug 3, 2020 08:40:07 AM.

THE WOODLANDS, Texas (AP) _ CSI Compressco LP (CCLP) on Monday reported a loss of $24.6 million in its second quarter.

The The Woodlands, Texas-based company said it had a loss of 51 cents per share. Losses, adjusted for non-recurring costs, were 18 cents per share.

The compression services provider posted revenue of $96.4 million in the period.

The company’s shares closed at 95 cents. A year ago, they were trading at $3.66.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCLP at https://www.zacks.com/ap/CCLP

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