REDWOOD CITY, Calif., July 1, 2025 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednesday, July 30, 2025, at 5:30 p.m. ET (2:30 p.m. PT). The company will discuss second-quarter results for the period ended June 30, 2025.To hear the conference call live, please dial 1-517-308-9482 (domestic and international) and reference the passcode (EQIX). A simultaneous live webcast of the call will be avail ...

DigitalBridge Group (DBRG) 2025 Conference June 11, 2025 03:15 PM ET Speaker0 Good afternoon and thanks for joining us for our last fireside chat of the Morgan Stanley Financials Conference. I'm Stephanie Ma, member of the brokers, asset managers and exchanges team for Morgan Stanley Research. For our final session of the day, it's my pleasure to welcome Mark Gansey, CEO of Digital Bridge. Digital Bridge is a leading global alternative asset manager specializing in digital infrastructure investing with $100 ...

Investment Rating - The report assigns a Neutral rating to Infratil (IFT.NZ) [1][4][15] Core Insights - The FY25 results were softer than expected, with Proportionate EBITDAF declining by 4% compared to Goldman Sachs estimates, leading to a downgrade in FY26 guidance to NZ$1,000-1,050 million, which is 3%-5% lower than previous estimates [1][4] - Infratil plans to monetize NZ$1 billion of assets that are unlikely to scale under the current ownership model, with the capital reinvested in businesses that can provide more meaningful returns [2] - The healthcare portfolio is performing strongly, with RHCNZ and Qscan expecting accelerating EBITDAF growth into FY26 [2] - Longroad Energy is targeting an OpCo run-rate EBITDA of US$370 million by March 2026, driven by contributions from projects that are operational or under construction [2] Financial Performance - FY26-28 EBITDAF estimates have been revised down by 3% to 4% due to CDC deferrals and increased costs for One NZ [4][13] - The 12-month target price is set at NZ$10.70, reflecting a 3% decrease from previous estimates [4][14] - Key financial metrics include projected revenue growth of 22.7% for FY25, with a decline in EPS for FY26 expected at NZ$0.13, compared to a previous estimate of NZ$0.09 [10][11] Investment Thesis - Infratil is positioned to benefit from increased digital consumption and AI adoption, particularly through its investments in digital infrastructure and renewable energy [15] - Despite positive long-term themes, the current market valuation appears to have already factored in these growth prospects, leading to a Neutral rating [15]

Financial Data and Key Metrics Changes - The company has $275 billion in assets under management, with 90% deployed in the U.S. [9] - Spreads have widened back up from their lows by approximately 25 to 50 basis points, indicating a stable pricing environment despite market volatility [20][21] - The company reported strong net inflows even during periods of market panic, demonstrating resilience in retail flows [36] Business Line Data and Key Metrics Changes - The company has three established flagship products: Diversified Core Income Product, Technology Income, and O Rent, with a newly launched Alternative Credit Interval Fund [42][44] - O Rent is noted as the fastest-growing product, significantly contributing to net capital raising [49] - The company is focused on expanding its distribution footprint, particularly in underpenetrated markets like Japan [46] Market Data and Key Metrics Changes - The direct lending market is gaining share as the syndicated loan market experiences volatility, with many borrowers preferring the predictability and partnership offered by direct lending [12][19] - The company is seeing a shift in investor behavior, with retail investors viewing alternative products as a safe haven during market volatility [36][38] Company Strategy and Development Direction - The company aims to focus on income-oriented products and has a strategic approach to acquisitions, targeting firms that align with its culture and operational model [91][92] - The company is expanding into digital infrastructure and alternative credit markets, recognizing the growing demand for these sectors [66][80] - The company emphasizes the importance of maintaining a strong partnership with borrowers, offering predictability and privacy in lending [13][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the current economic uncertainty and stickier inflation but views it as a favorable environment for their business model focused on downside protection and stability [4][5] - The company does not anticipate material stress in its portfolio, as it primarily lends to large, durable companies in sectors like software and healthcare [10][11] - Management believes that the private equity market is more resilient due to the availability of capital in the private credit market, which supports ongoing M&A activity [30][31] Other Important Information - The company has integrated its capabilities with Coveris Asset Management to enhance its distribution channels and asset management capabilities [83][85] - The company is exploring opportunities in the retirement market, recognizing its potential for growth in the long term [58][60] Q&A Session Summary Question: How is the balance between the syndicated loan market and direct lending tracking? - The company notes that when the syndicated market is active, borrowers may prefer it, but when it closes, they have no choice but to return to private markets, which benefits direct lending [12][19] Question: What is the view on retail flows and redemption trends? - Management reports strong net inflows and a shift in retail investor behavior towards viewing alternative products as a safe haven [36][38] Question: How does the company view the current M&A environment? - While a less active M&A market is a negative, it can also lead to increased market share for direct lending as liquid markets become less favorable [26][29]

Revenue for Q1 FY2026 rose 10.2% year-over-year, with a record backlog of $8.1 billion as of quarter-end, and management raising full-year revenue guidance.Dycom Industries, Inc. (DY 15.69%) reported first quarter fiscal 2026 earnings on May 21, 2025, surpassing the high end of its guidance across revenue, adjusted EBITDA (non-GAAP), and EPS. Revenue reached $1.26 billion, while adjusted EBITDA was $150.4 million (11.9% margin), and net income stood at $61 million. Management raised full-year revenue guidan ...

27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. ("Mawson", "the Company"), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance ...

Blue Owl Digital Infrastructure Fund III seeks to support the global capital demands of hyperscalers, fueled by ongoing investments in data centers and artificial intelligence. NEW YORK, May 15, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the final close of its most recent digital infrastructure fund, Blue Owl Digital Infrastructure Fund III ("ODI III") with $7 billion of total capital commitments. ODI III exceeded the original ta ...

Core Viewpoint - The AI and data center sector presents significant investment opportunities, with companies like Vertiv and nVent providing essential solutions and services that capitalize on the growing demand for data centers driven by AI applications [1]. Vertiv - Vertiv specializes in digital infrastructure for data centers and communication networks, offering products such as power management and thermal management solutions [2]. - The company has experienced a 10% increase in backlog from the end of 2024, indicating strong demand for data center investments [3]. - Following robust order and backlog growth, management raised the full-year organic revenue growth forecast to 18% from 16% [5]. - Despite maintaining profit margin guidance due to tariff uncertainties, free cash flow (FCF) is projected at $1.3 billion in 2025, with expectations of $1.65 billion and $1.79 billion in 2026 and 2027, respectively [6]. - With a market cap of $36.1 billion, Vertiv is expected to trade at 28 times and 22.5 times FCF in 2025 and 2026, respectively, which could be seen as a good value if AI/data center demand continues to rise [7]. nVent - nVent provides electrical connection and protection solutions, with a strategic focus on increasing exposure to data centers and power utilities [9]. - The acquisition of Avail Infrastructure Solutions for $975 million has resulted in infrastructure-related solutions now comprising 40% of nVent's portfolio, which is the fastest-growing segment [10]. - The company reported mid-teens growth in organic orders in Q1, driven by strong demand in data solutions [10]. - nVent raised its full-year sales guidance to organic growth of 5% to 7% and earnings growth guidance to 22% to 26%, reflecting positive performance despite anticipated tariff impacts [11]. - Analysts project earnings per share of $3.09 and $3.46 for 2025 and 2026, with FCF estimates of $406 million and $561 million, respectively, indicating attractive valuation multiples below 20 times earnings for 2025 and 17.4 times for 2026 [13].

Core Viewpoint - Equinix Inc. reported strong financial results for Q1 2025, with adjusted funds from operations (AFFO) per share of $9.67, exceeding estimates and reflecting a 9.1% year-over-year increase, driven by robust demand for digital infrastructure and services [1][2] Financial Performance - Total quarterly revenues reached $2.23 billion, surpassing the Zacks Consensus Estimate of $2.22 billion, and increased by 4.6% year over year [2] - Recurring revenues were $2.087 billion, up 3.8% from the previous year, while non-recurring revenues rose 17.9% to $138 million [3] - Adjusted EBITDA was reported at $1.067 billion, a 7.6% increase year over year, with an adjusted EBITDA margin of 48% [4] - AFFO increased by 12.3% from the prior year to $947 million [4] Balance Sheet Position - As of March 31, 2025, Equinix had $7.6 billion in available liquidity and total debt of approximately $18.2 billion, with a net leverage ratio of 3.4 [5] Dividend Announcement - Equinix's board declared a quarterly cash dividend of $4.69 per share, payable on June 18, 2025, to shareholders on record as of May 21, 2025 [6] 2025 Guidance Revision - For Q2 2025, Equinix projects revenues between $2.244 billion and $2.264 billion, indicating a 1% increase over the prior quarter, with adjusted EBITDA expected in the range of $1.095-$1.115 billion [7] - The company raised its 2025 AFFO per share guidance to between $37.36 and $38.17, suggesting a 7-9% increase from the previous year [7] - Total revenue for 2025 is estimated to be between $9.175 billion and $9.275 billion, reflecting a growth of 5-6% from 2024 [8]

Blue Owl Capital (OWL) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Marc Lipschultz - Co-Chief Executive OfficerAlan Kirshenbaum - CFOAnn Dai - MD & Head of Investor RelationsBrian Mckenna - Director - Equity ResearchCraig Siegenthaler - Managing DirectorSteven Chubak - Managing DirectorAlex Blostein - Managing DirectorPatrick Davitt - PartnerChris Kotowski - Managing DirectorCrispin Love - DirectorBen Budish - Director Conference Call Participants Glenn Schorr - Senior Managing Direc ...