secwatch.observer — SEC 8-K summary
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Issuer:     Archrock, Inc. (AROC)
CIK:        0001389050
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001558370-24-015128
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Archrock Q3 adjusted EPS $0.28, raises FY 2024 adjusted EBITDA guidance to $575-585M
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- Revenue $292.2M (up 15% YoY); net income $37.5M ($0.22 EPS) vs $30.9M ($0.20) YoY.
- Adj. EBITDA $150.9M vs $120.2M YoY; FY 2024 guidance raised to $575-585M.
- Closed TOPS acquisition; quarterly dividend raised 13% YoY to $0.175; repurchased $12.1M shares.
- Contract ops revenue $245.4M (+18% YoY), adj. gross margin 67%; aftermarket services adj. gross margin 26%.
- Leverage 3.57x; long-term debt $2.2B; liquidity $650M; horsepower utilization 95%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389050/000155837024015128/0001558370-24-015128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389050/000155837024015128/aroc-20241111x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-015128

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer