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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) 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.
DataBank has successfully closed its initial recapitalization, with a consortium led by Swiss Life and EDF Invest acquiring a 35% interest for approximately $1.5B. This consortium includes other investors like Northleaf Capital Partners and Ardian. The partnership positions DataBank for significant growth in edge infrastructure and is expected to enhance its operational capabilities across U.S. markets, leveraging its extensive data center presence.
DigitalBridge Group (NYSE: DBRG) has successfully closed the initial phase of its recapitalization of DataBank, raising approximately
DigitalBridge Group (NYSE: DBRG) has successfully completed a 1-for-4 reverse stock split aimed at aligning its share count with industry peers and generating cost savings. Following the split, approximately 163.9 million shares of Class A common stock and 0.2 million shares of Class B common stock remain outstanding. Stockholders retain their proportional ownership and voting power, with trades on a split-adjusted basis commencing on August 23, 2022. This strategic move is part of the company’s broader efforts to streamline operations.
DigitalBridge Group (DBRG) announced its strategic roadmap aiming to double assets under management over the next three years. For Q2 2022, the company reported revenues of $289 million, a net loss of $37 million (or $0.06 per share), and distributable earnings of $7.6 million. The Board approved a 1-for-4 reverse share split, effective August 22, 2022, reducing outstanding common shares from 656 million to 164 million. Shareholders will receive information regarding their holdings and related cash payments. Preferred dividends were declared and will be paid on October 17, 2022.
DigitalBridge and Columbia Capital have launched Xenith Infrastructure Group (Xenith IG), a new fiber platform targeting the Asia-Pacific market. The platform will focus on providing fiber connectivity to hyperscalers and data center operators, starting with assets in Singapore and Hong Kong acquired from Superloop. Clement Goh has been appointed as CEO, bringing over 20 years of experience in the digital infrastructure sector. DigitalBridge, which manages a $47 billion portfolio, aims to leverage the growing demand for reliable fiber infrastructure in the region.
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