Macquarie Infrastructure (MIC) Posts Q1 GAAP Loss of $1.22/Share

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Go back to Macquarie Infrastructure (MIC) Posts Q1 GAAP Loss of $1.22/Share

Macquarie Infrastructure Company Reports First Quarter 2015 Financial Results, Substantial Growth in Cash Generation

May 4, 2015 4:05 PM EDT

Total Free Cash Flow increases 89.0% to $122.7 million from $64.9 million Proportionately Combined Free Cash Flow per share increases 45.6% to $1.68 from $1.15 Cash dividend of $1.07 ($4.28 annualized) per share authorized Anticipated federal income tax liability extended to late 2018

NEW YORK--(BUSINESS WIRE)-- Macquarie Infrastructure Company LLC (NYSE: MIC) reported an 89.0% increase in proportionately combined Free Cash Flow to $122.7 million in the first quarter of 2015 from $64.9 million in the first quarter of 2014. The increase reflects the acquisition of the second half... More