Core Insights - Hyperscale Data, Inc. announced that its subsidiary Ault Global Real Estate Equities, Inc. completed a financing of $145 million with Goldman Sachs, allowing for the refinancing of Fouquet's New York's senior debt at an attractive leverage level, with potential for significant future cash flow upside [1] Group 1: Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which owns and operates a data center for mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [3] - The company is also involved in acquiring undervalued businesses and disruptive technologies through its subsidiary Ault Capital Group, Inc. [3] Group 2: Future Plans - Hyperscale Data plans to divest Ault Capital Group by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become ACG shareholders [5]

For the quarter ended June 2025, United Rentals (URI) reported revenue of $3.94 billion, up 4.5% over the same period last year. EPS came in at $10.47, compared to $10.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.91 billion, representing a surprise of +0.86%. The company delivered an EPS surprise of -0.66%, with the consensus EPS estimate being $10.54.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

United Rentals (URI) came out with quarterly earnings of $10.47 per share, missing the Zacks Consensus Estimate of $10.54 per share. This compares to earnings of $10.7 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.66%. A quarter ago, it was expected that this equipment rental company would post earnings of $8.84 per share when it actually produced earnings of $8.86, delivering a surprise of +0.23%.Over the last four quart ...

The market expects Herc Holdings (HRI) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better th ...

Core Viewpoint - United Rentals, Inc. (URI) is expected to report its second-quarter 2025 results on July 23, with projected revenue growth driven by strong demand in construction and industrial sectors, despite margin pressures from lower-margin revenue sources [1][3][8]. Revenue Estimates - The Zacks Consensus Estimate for second-quarter adjusted earnings has decreased to $10.54 per share, indicating a 1.5% decrease from the previous year's earnings of $10.70 per share [2]. - The consensus estimate for revenues is pegged at $3.91 billion, reflecting a growth of 3.6% from the prior-year quarter [2]. Revenue Growth Drivers - Revenue growth is anticipated due to solid demand from large infrastructure and industrial projects, including developments in data centers, pharmaceuticals, airports, and industrial manufacturing facilities [3]. - Specialty rentals, which offer higher returns, are expected to contribute to revenue growth both organically and through new market expansions [4]. Segment Performance - General Rentals, contributing 70.7% to total revenues, is projected to see a revenue increase of 2.2% to $2.26 billion, while Specialty Rentals are expected to grow by 6.8% to $1.07 billion year-over-year [5]. - Equipment Rentals, accounting for 84.6% of total revenues, is likely to witness a 3.7% year-over-year increase to $3.33 billion [6][7]. Earnings and Margins - Despite expected revenue growth, margin pressures are likely due to a higher proportion of lower-margin revenue sources, including used equipment and new equipment sales [8]. - Adjusted EBITDA is expected to grow by 1.5% year-over-year to $1.8 billion, but the adjusted EBITDA margin is projected to decline by 110 basis points to 45.8% [9]. Earnings Prediction - The model predicts an earnings beat for United Rentals, supported by a positive Earnings ESP of +5.33% and a Zacks Rank of 2 (Buy) [10][11].

Core Viewpoint - Hyperscale Data, Inc. is strategically expanding its Michigan data center campus to support AI and high-performance computing, with a phased buildout plan to reach 340 MW of power capacity over the next 44 months [1][2][5]. Company Expansion Plans - The company currently operates approximately 30 MW at its Michigan facility and plans to increase this to 70 MW within the next 20 months [2][8]. - The full buildout to 340 MW is expected to be completed within 44 months after finalizing agreements with local utility providers [2][4]. Financial Strategy - Hyperscale Data has filed a shelf registration statement for up to $125 million to provide long-term financial flexibility, although it does not plan to raise capital immediately [3][4]. - The registration will allow the company to access capital markets as needed during the construction and development of the Michigan campus [3]. Industry Positioning - The expansion aligns with the growing demand for high-density compute infrastructure, with the company referencing similar projects, such as Applied Digital Corporation's contract with CoreWeave, projected to generate over $7 billion in revenue over 15 years [5]. - The company aims to transition to a pureplay AI data center platform while reducing debt and streamlining operations [6]. Current Operations and Future Outlook - The Michigan facility generates revenue through digital asset mining and colocation services, with plans to add 40 MW by the second quarter of 2027 and an additional 270 MW by the third quarter of 2029 [4][8]. - The company is also planning to divest its subsidiary, Ault Capital Group, Inc., by the end of 2025, focusing solely on data center operations [10].

Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Battery Testing Equipment Rental Market - A Global and Regional Analysis: Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to ResearchAndMarkets.com's offering.The Battery Testing Equipment Rental Market plays a critical role in supporting industries involved in the development, manufacturing, and deployment of batteries, particularly for electric vehicles (EVs), consumer electronics, and renewable e ...

Core Points - Hyperscale Data, Inc. has successfully paid 36 consecutive monthly cash dividends for its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, amounting to $0.2708333 per share per month [1][2] - The Company is committed to the long-term nature of the monthly dividend, emphasizing its track record with the Series D Preferred Stock [2] - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on digital asset mining and colocation services for AI ecosystems and other industries [3] Business Operations - The Company plans to divest Ault Capital Group, Inc. (ACG) by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [4] - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI software, social gaming, and private credit through ACG [4] - The divestiture will involve the exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, allowing stockholders to become ACG shareholders [5]

Core Viewpoint - Ten-League International Holdings Limited successfully closed its initial public offering, raising a total of US$6,431,360 by offering 2,240,000 ordinary shares at a price of US$4.00 per share, with trading commencing on the Nasdaq Capital Market under the ticker symbol "TLIH" [1][2]. Group 1: Offering Details - The offering consisted of 2,240,000 ordinary shares, with 1,607,840 shares offered by the Company and 632,160 shares by selling shareholders [1]. - The Company received gross proceeds of US$6,431,360 from the offering before deducting underwriting discounts and other expenses [1]. - Bancroft Capital, LLC acted as the sole underwriter for the offering, which was conducted on a firm commitment basis [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated for several purposes, including expanding the Company's product offerings, improving automation processes, investing in equipment and technology, and pursuing strategic acquisitions [2]. - Additional uses of the proceeds include marketing and brand building, repayment of bank borrowing, and general working capital [2]. Group 3: Company Overview - Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions, primarily engaged in the sales and rental of heavy equipment, as well as engineering consultancy services for various industries [5]. - The Company's equipment is categorized into four types: foundation equipment, hoist equipment, excavation equipment, and port machinery [5]. - The mission of the Company is to deliver high-quality equipment and value-added engineering solutions while continuously adapting to new technologies [5].

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced the pricing of its initial public offering (the “Offering”) of 2,240,000 ordinary shares, 1,607,840 of which are being offered by the Company and 632,160 by selling shareholders, at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market an ...