Data-Driven Growth Powers Brookfield Infrastructure's Results in Q3
Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) demonstrated its business model's durability once again during the third quarter as it delivered solid results despite the economic disruption caused by the COVID-19 outbreak. While most of its business units performed well, its focus on expanding its data infrastructure platform paid dividends during the period. That trend should continue as the company closed another data deal -- along with one in the energy sector -- which, when combined with easing economic and foreign exchange headwinds, should help drive its results meaningfully higher over the next several quarters.
Metric
Q3 2020
Source Fool.com
