Welcome to our dedicated page for DigitalBridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on DigitalBridge Group stock.
DigitalBridge Group, Inc. (symbol: DBRG) is a preeminent global developer and alternative asset manager focused on digital infrastructure investments. The company's mission is to provide essential capital and operational expertise for businesses across the digital ecosystem. DigitalBridge's platform spans a comprehensive array of digital infrastructure assets, including cell towers, data centers, fiber networks, small cells, and edge infrastructure.
One of the core strengths of DigitalBridge is its ability to turn real-world environments into precise digital models using advanced computer vision technology. This innovative platform allows users to take a picture of a room and automatically recognize its walls, floors, ceiling, objects, and lighting conditions. Customers can then visualize new wall and floor decorations, as well as furnishings, within their actual rooms. This process enhances interior design planning without needing any in-room markers.
The company has demonstrated a solid track record of success through strategic investments and partnerships. DigitalBridge's recent collaborations with industry leaders, such as Intel and Vantage Data Centers, highlight its role in the ongoing evolution of digital infrastructure. These partnerships aim to support the development of cutting-edge technologies and improve the resilience and efficiency of digital networks globally.
Financially, DigitalBridge is positioned robustly within the market, attracting significant investor interest due to its focus on high-growth sectors. The company's active involvement in transformative projects ensures a substantial positive impact on the digital economy. DigitalBridge continues to innovate and expand its portfolio, maintaining a strong commitment to driving growth and value for its stakeholders.
Through its integrated approach, the company delivers operational excellence and sustainable returns. Whether investing in formidable data centers or enhancing mobile connectivity with small cells, DigitalBridge remains at the forefront of the digital infrastructure landscape.
DigitalBridge Group (NYSE: DBRG) has announced participation in two key conferences. On December 1, 2022, Wilson Chung will engage in a Fireside Chat at Capacity Asia 2022 in Singapore, discussing the five-year outlook for network investment. On December 7, 2022, Warren Roll will speak at the GSMA Tower & Fibre Webinar at 11:00 am UK time. DigitalBridge is a leading global digital infrastructure firm with a $50 billion portfolio in digital assets, headquartered in Boca Raton and with a presence in major global cities.
DigitalBridge Group (NYSE: DBRG) has announced the acquisition of a stake in AIMS Group from TIME dotCom, forming a new edge data center platform targeting Southeast Asia's growth markets. AIMS, a leading data center operator in Malaysia, provides interconnected environments for a diverse range of customers. The transaction is subject to closing conditions and is expected to finalize in 2023. DigitalBridge aims to leverage AIMS' robust development pipeline and expansion potential, enhancing its position in the digital infrastructure sector.
DigitalBridge Group (NYSE: DBRG) announced its participation in several investor and industry conferences in November 2022. Key events include the Goldman Sachs CFO Conference on November 14 in San Francisco, where CFO Jacky Wu will attend, and the USTelecom Broadband Investment Forum on November 16, featuring CEO Marc Ganzi in a fireside chat. Ganzi will also participate in the Milken Institute Middle East and Africa Summit on November 17 in Abu Dhabi. Additionally, Brandon Amber will represent the company at the TowerXchange Meetup Asia and Capacity Asia in Singapore from November 29 to December 1.
DigitalBridge Group, Inc. (NYSE: DBRG) reported its third quarter 2022 financial results, revealing total revenues of $297 million and a GAAP net loss attributable to common stockholders of $(63) million or $(0.39 per share. The Company noted Distributable Earnings of $39 million or $0.22 per share. The Board reinstated the common stock dividend at $0.01 per share, with payments made on October 17, 2022, and another scheduled for January 17, 2023. CEO Marc Ganzi stated that despite macroeconomic challenges, the Company's portfolio companies continue to show strong growth.
Connectbase has successfully raised $21 million in its Series C funding round, led by DigitalBridge Ventures, part of DigitalBridge Group (NYSE: DBRG). The funding aims to improve platform capabilities and expand global digital services, driven by the growing demand for bandwidth. Existing investors, including Ascent Venture Partners and Harbert Growth Partners, also participated. Connectbase, serving 28 of the top 30 U.S. network operators, aims to automate connectivity processes and enhance user experience with new features and workforce growth.
DigitalBridge Group (NYSE: DBRG) will participate in several investor conferences in October 2022. Notably, from October 12-13, CFO Jacky Wu will join the M&A panel at the Houlihan Lokey Global Tech Conference in New York. The company will also attend the Capacity Europe 2022 conference in London, where Chris Moon and Warren Roll will speak on key topics from October 17-20. Lastly, CEO Marc Ganzi will be featured at the McKinsey & Company Global Infrastructure Initiative Summit in Tokyo on October 19-20.
DigitalBridge Group, Inc. (NYSE: DBRG) will announce its Q3 2022 financial results on November 4, 2022, at 10:00 a.m. ET. A conference call will follow the release, allowing investors to discuss the results live. The earnings presentation will be accessible on the company’s investor relations website. DigitalBridge, with a $48 billion portfolio, specializes in digital infrastructure, managing assets across cell towers, data centers, and more.
DigitalBridge Group (NYSE: DBRG) has reinstated its quarterly cash dividend at $0.01 per share, payable on October 17, 2022 to shareholders of record by September 30, 2022. CEO Marc Ganzi emphasized that this move reflects the company's strengthened cash flow profile and improved long-term earnings potential, while also enhancing total shareholder returns. DigitalBridge manages a substantial $48 billion portfolio of digital infrastructure assets, underscoring its commitment to growth alongside returning value to shareholders.
DigitalBridge Group, Inc. (NYSE: DBRG) has appointed Bernardo Vargas Gibsone as Managing Director, Head of Latin America. With over 30 years of experience in infrastructure investment, Vargas previously served as CEO of ISA Group, achieving significant growth and a fivefold increase in share price. His role will focus on expanding DigitalBridge’s investment management in Latin America and enhancing existing investments. CEO Marc Ganzi emphasized the importance of Vargas's leadership in executing the company's growth strategy in this key region.
DigitalBridge Group (NYSE: DBRG) will participate in key investor and industry conferences from September 9 to September 30. Notable appearances include Marc Ganzi speaking at the Goldman Sachs Communacopia & Technology Conference on September 13 at 3:45 pm PT, and the Deutsche Bank Leveraged Finance Conference on September 20 at 10:40 am MT. Other executives will conduct 1x1 meetings with investors. DigitalBridge, a leader in digital infrastructure management, oversees a $48 billion portfolio and has offices in multiple global cities.
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