Antero Midstream Q3 Profit Surges to $392.66 Million as Revenue Climbs 10.9%

Antero Midstream Corporation (AM) reported third-quarter net income of $392.66 million, or $0.82 per share, up sharply from $115.98 million, or $0.24 per share, in the same period last year. Excluding certain items, adjusted earnings came in at $134.45 million, or $0.28 per share. Revenue for the quarter rose 10.9% to $327.02 million from $294.82 million a year earlier. GAAP results compared with prior-year earnings of $115.98 million, EPS of $0.24 and revenue of $294.82 million.