Reports Q3 revenue $477.08M, consensus $356.73M. Reports assets under management of $74.6B, up 48% year-over-year. The company said, “In 3Q23, DigitalBridge delivered strong financial results and continued to make progress on its key 2023 priorities, including capital formation, Operating segment deconsolidation, and persistent growth across its portfolio companies.” The company completed the $2.2B recapitalization of DataBank on September 14, resulting in $50M in incremental gross proceeds. “Powerful secular tailwinds, driving demand for compute and connectivity, continue to underpin positive performance across our diversified global portfolio,” the company said.
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