TYG Q1 2011 Earnings Report — Tortoise Energy Infrastructure Corporation Revenue & Financial Results | Market Cap Arena

Tortoise Energy Infrastructure CorporationTYG

Q1 2011 Earnings

Reported February 27, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2011	Q4 2010	Q1 2010	QoQ Change	YoY Change
Revenue	$2M	$2M	$2M	8.7%	-4.8%
Op. Income	-$2M	-$5M	-$5M	72.5%	71.5%
Gross Margin	-59.1%	-188.1%	-122.1%	129.0pp	63.0pp
Net Margin	3530.0%	4871.1%	2909.2%	-1341.1pp	620.7pp
EPS (Diluted)	$3.08	$3.92	$2.70	-21.4%	14.1%
Free Cash Flow	-$10M	$16M	-$85M	-163.1%	88.1%

Income Statement

Item	Amount
REVENUE	$2M
Cost of Revenue	$4M
GROSS PROFIT	-$1M
R&D Expenses	$0
Selling & Marketing	$30.0K
General & Administrative	$70.0K
SG&A Expenses	$100.0K
Other Expenses	$0
Operating Expenses	$100.0K
Cost & Expenses	$4M
OPERATING INCOME	-$2M
Interest Income	$0
Interest Expense	$135M
Other Income/Expenses	$135M
INCOME BEFORE TAX	$133M
Income Tax Expense	$50M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$270M
EBIT	$268M
EBITDA	$268M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$84M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$86M
Change in Working Capital	-$7M
OPERATING CASH FLOW	-$10M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$5M
Common Dividends Paid	$0
Other Financing Activities	$10M
NET CASH FROM FINANCING	$10M
FREE CASH FLOW	-$10M
Net Change in Cash	$0