Digitalbridge Group Stock Fair Value – DigitalBridge Group Reports Loss Despite Revenue Miss

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DigitalBridge Group recently reported their financial results for the third quarter, and while they beat analyst expectations when it comes to their Non-GAAP earnings per share, they still ended up reporting a loss. DigitalBridge reported a Non-GAAP EPS of -$0.02, which was $0.02 better than what was expected.

However, their revenue fell short of expectations by $47.28M, coming in at $250.16M. DIGITALBRIDGE GROUP ($NYSE:DBRG) is a leading global provider of innovative digital solutions for the telecoms industry. They specialize in providing advanced technical support, digital engineering support services and customer service for telecoms operators and mobile device manufacturers across the globe. Their mission is to bridge the gap between digital technologies and their customer’s needs, through the delivery of innovative products and services. Their suite of solutions is designed to help customers unlock the potential of their network, while improving operational efficiency and customer satisfaction.

Earnings

In its first quarter earnings report of FY2023 ending on March 31, 2023, DIGITALBRIDGE GROUP reported a total revenue of 250.16M USD but posted a net income loss of 197.8M USD. Compared to the same quarter last year, this represents a 2.8% decrease in total revenue. Even further back, compared to the same quarter 3 years ago, DIGITALBRIDGE GROUP’s total revenue has decreased from 315.7M USD to 250.16M USD. Despite the continued revenue declines, DIGITALBRIDGE GROUP is still striving to remain profitable by finding new and innovative ways to maximize their profits.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Digitalbridge Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Digitalbridge Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Digitalbridge Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Digitalbridge Group are shown below. More…

Stock Price

On Wednesday, DIGITALBRIDGE GROUP reported a loss for their most recent quarter despite a revenue miss. The company’s stock opened at $10.5 and closed at $10.8, a drop of 8.0% from the previous closing price of 11.7. Despite the company’s efforts to pursue growth, the financials have not been promising.

Revenue came in below expectation, leading to a loss that causes concern for investors looking to the future of the company. As a result, the stock has seen a significant decrease in value. Live Quote…

Analysis – Digitalbridge Group Stock Fair Value

At GoodWhale, we have conducted a comprehensive analysis of DIGITALBRIDGE GROUP‘s fundamentals. Our proprietary Valuation Line has determined that the fair value of DIGITALBRIDGE GROUP’s share is around $16.4. Currently, DIGITALBRIDGE GROUP stock is trading at $10.8, representing an undervaluation of 34.2%. This represents a great buying opportunity for investors looking to add DIGITALBRIDGE GROUP shares to their portfolio. More…

Peers

Its competitors include Digital Realty Trust Inc, Aspen Digital Inc, and Digital Core REIT.

– Digital Realty Trust Inc ($NYSE:DLR)

Digital Realty Trust Inc is a real estate investment trust that owns, acquires, develops and operates data centers. The company’s market cap as of 2022 is $32.08 billion. Digital Realty’s data centers serve as critical infrastructure for the world’s leading organizations, offering them a secure, reliable and resilient platform from which to operate their businesses.

– Aspen Digital Inc ($OTCPK:ASPD)

As of 2022, Digital Core REIT has a market cap of 683.46M. The company focuses on acquiring, owning, and operating digital infrastructure assets. These assets include data centers, colocation facilities, and other digital infrastructure-related properties.

Summary

DigitalBridge Group recently released their financial results for the quarter ending, with Non-GAAP earnings per share (EPS) of -$0.02 and revenue of $250.16M. The EPS beat estimates by $0.02, but the revenue missed estimates by $47.28M. This caused the stock price to move down the same day. For investors looking to invest in DigitalBridge Group, it is important to consider the overall financial position of the company and its recent performance in comparison to its peers.

Analyzing the balance sheet and income statement can help investors understand whether DigitalBridge Group is a good investment opportunity. Furthermore, it is important to consider the risk associated with investing in the company as well as its short-term and long-term prospects.