InfraREIT (HIFR) Reports Q2 Loss of $0.65/Share
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InfraREIT Announces First Quarter 2015 Results
May 13, 2015 8:25 AM EDTDALLAS, May 13, 2015 /PRNewswire/ --Â InfraREIT, Inc. (NYSE: HIFR) ("InfraREIT" or the "Company") today reported financial results for the three months ending March 31, 2015, and the Company's financial outlook.Â
InfraREIT reported the following first quarter 2015 financial highlights:
Completed an initial public offering (IPO) of common shares of $529 million (gross proceeds) $18.3 million of CAD, or $0.30 CAD per share, in the first quarter of 2015 Increased Adjusted EBITDA 22 percent to $34.4 million in the first quarter of 2015, compared to $28.2 million in the... More