Archrock Q1 2023 Earnings Report

Archrock EPS Results

• Actual EPS: $0.10
• Consensus EPS: $0.10
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

Archrock Revenue Results

• Actual Revenue: $229.83 million
• Expected Revenue: $226.50 million
• Beat/Miss: Beat by +$3.33 million
• YoY Revenue Growth: N/A

Archrock Announcement Details

• Quarter: Q1 2023
• Date: 5/2/2023
• Time: N/A

Archrock (NYSE:AROC), together with its subsidiaries, operates as an energy infrastructure company in the United States. The company operates in two segments, Contract Operations and Aftermarket Services. It engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining of its owned fleet of natural gas compression equipment to provide natural gas compression services. The company also sells over-the-counter parts and components; and provides operations, major and routine maintenance, overhaul, and reconfiguration services to customers who own compression equipment. It serves integrated and independent oil and natural gas processors, gatherers, and transporters. The company was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas.