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CLNY - Colony Capital FFO in-line misses on revenue
Colony Capital Inc.
Colony Capital (CLNY): Q1 Core FFO of $0.01 in-line.Revenue of $316M (+45.6% Y/Y) misses by $62.34M.Digital AUM rose to $32 billion, 70% of total AUM as of May 6, 2021.Organic growth and a strong contribution from DataBank’s expanded footprint drove higher revenue and EBITDA in the Digital Operating segment, which exceeded 2021 EBITDA guidance on a run-rate basis during the quarter.Press Release