Exchange Income Corporation Demonstrates Adaptability and Resilience as Q2 Financial Results Outpace Prior Year
https://www.bloomberg.com/press-releases/...esults-outpace-prior-year Q2 Financial Highlights
* Generated Revenue of $322 million, an increase of $78 million or 32% compared to Q2 2020 * Earned Consolidated EBITDA of $81 million, representing growth of $19 million or 31% compared to Q2 2020 * Produced Adjusted Net Earnings of $20 million or $0.53 per share, an improvement of $14 million or 250% over Q2 2020 * Free Cash Flow less Maintenance Capital Expenditures was $37 million, rising by $11 million or 44% from Q2 2020 * Trailing Twelve Month Free Cash Flow less Maintenance Capital Expenditures payout ratio improved to 58% from 76% in Q2 2020 * Completed a bought deal financing of common shares that provided gross proceeds of $88 million, inclusive of the over-allotment exercised by the underwriters Exchange Income Corporation (EIFZF) CEO Mike Pyle on Q2 2021 Results - Earnings Call Transcript
https://seekingalpha.com/article/...-results-earnings-call-transcript
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