TYG Q3 2011 Earnings Report — Tortoise Energy Infrastructure Corporation Revenue & Financial Results | Market Cap Arena

Tortoise Energy Infrastructure CorporationTYG

Q3 2011 Earnings

Reported August 30, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2011	Q2 2011	Q3 2010	QoQ Change	YoY Change
Revenue	$1M	-$4M	$2M	138.4%	-29.7%
Op. Income	-$2M	-$8M	-$5M	69.2%	53.1%
Gross Margin	-158.4%	203.1%	-183.0%	-361.5pp	24.6pp
Net Margin	-1686.6%	1119.3%	3399.5%	-2805.9pp	-5086.1pp
EPS (Diluted)	$-0.91	$-1.59	$2.67	42.8%	-134.1%
Free Cash Flow	$12M	-$6M	$4M	319.6%	186.0%

Income Statement

Item	Amount
REVENUE	$1M
Cost of Revenue	$4M
GROSS PROFIT	-$2M
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	-$38M
Other Income/Expenses	-$38M
INCOME BEFORE TAX	-$41M
Income Tax Expense	-$15M
Net Income from Continuing Ops	-$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$25M
D&A	-$76M
EBIT	-$79M
EBITDA	-$79M
EPS	-$1
EPS Diluted	-$1

Cash Flow Statement

Item	Amount
Net Income	-$25M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$22M
Change in Working Capital	$15M
OPERATING CASH FLOW	$12M
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	$6M
Common Dividends Paid	-$14M
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$12M
FREE CASH FLOW	$12M
Net Change in Cash	$0