Kinetik Q2 Earnings, Revenue Rise

MT Newswires Live

08/06

Kinetik (KNTK) reported Q2 net income late Wednesday of $0.64 per diluted share, up from $0.33 a year earlier.

Analysts polled by FactSet expected $0.26.

Revenue for the quarter ended June 30 was $581.4 million, up from $426.7 million a year ago.

Analysts expected $445.7 million.

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