Macquarie Infrastructure (MIC) Misses Q2 EPS by 17c, Revenue Beats
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MIC Reports Second Quarter 2017 Financial Results, Announces Acquisition and Investment, Increases Quarterly Cash Dividend
August 2, 2017 5:00 PM EDTNEW YORK, Aug. 2, 2017 /PRNewswire/ --Â Macquarie Infrastructure Corporation (NYSE: MIC) today reported financial results for the second quarter of 2017.
"MIC's performance overall continued to be at levels consistent with our expectations for the full year and we have been able to improve our prospects with the attractive transactions announced today," said James Hooke, chief executive officer of MIC. "The improved cash generation by our existing operations supported an increase in MIC's quarterly cash distribution of 10.4%, consistent with our expectations and guidance. We continue to expect to increase cash... More
