AP NEWS

Archrock Inc.: 2Q Earnings Snapshot

August 2, 2018

HOUSTON (AP) _ Archrock Inc. (AROC) on Thursday reported second-quarter net income of $1.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Houston-based company said it had net income of 2 cents. Earnings, adjusted for costs related to mergers and acquisitions and to extinguish debt, were 8 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The natural gas compression services business posted revenue of $226.9 million in the period.

Archrock Inc. shares have increased 27 percent since the beginning of the year.

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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 AROC at https://www.zacks.com/ap/AROC

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