Brookfield Infrastructure (BIP) reports Q2 FFO of $702 million

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1. 1Brookfield Infrastructure Partners (BIP) reported its FFO, a key profitability metric, for the second quarter.
2. 2FFO for the quarter came in at $702 million ($0.89 per share), with a net loss of $24 million (-$0.07 per share) and revenue of $6.48 billion.
3. 3FFO, which adds items such as depreciation back to net income, is a closely watched metric in the REIT industry; BIP shares have risen 23% since the start of the year.

Source Associated Press +1 · View original ↗

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