Csi Compressco Lp narrowed third quarter of 2023 net loss per share of $-0.01 compare to net loss per share of $-0.03 recorded in the same quarter a year ago and improved compare to net loss per share of $-0.02 realized in previous quarter.
third quarter of 2023
Earnings Per Share
Revenues
$ -0.01
$
100 Mill
$+0.02
$+5M+5.07 %
Csi Compressco Lp's Revenue
rose by
5.07 % in third quarter of 2023 (Sep 30 2023) year on year,
to $100 million and
advanced by
3.03 % sequentially.
Csi Compressco Lp in the third quarter of 2023 recorded net loss of $-0.939 million, an improvement compare to net loss of $-4.451 million in III. Quarter a year ago.
Sequentially
net loss narrowed from net loss of $-2.549 million realized in previous quarter.
Csi Compressco Lp Inventories Inventories grew by 7.15 % to $47 million from III. Quarter a year ago, sequentially inventories fell by -10.78 %.
CCLP's Cash flow
In the third quarter of 2023 company's net cash flow was $3 million
Investors in Csi Compressco Lp can breathe a sigh of relief as the company recently reported a significant improvement in its financial results for the time-frame closing March 31, 2023. The report, which was released recently, indicates that the company's loss per share decreased from $-0.20 per share a year ago to $-0.02 per share. Additionally, earnings per share have also improved from $-0.03 per share from the preceding reporting season. While the company's revenue depreciated by -6.199% to $91.37 million from $97.41 million in the comparable reporting season a year ago, Csi Compressco Lp reported that sequentially Revenue decreased by -3.714% from $94.90 million. Despite this, the company's net sho...