SWCH News and Press, Switch Inc. Class A From 05/11/22

Update 8:48am: Adds statement from Elliott Management. Switch (NYSE:SWCH) rose 8.9% in premarket trading after DigitalBridge (NYSE:DBRG) agreed to purchase the data-center operator for about $11 billion in cash, including the assumption of debt.  DigitalBridge (DBRG) agreed to pay $...

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Switch (NYSE:SWCH) rose 8.9% in premarket trading after DigitalBridge (NYSE:DBRG) agreed to purchase the data-center operator for about $11 billion in cash, including the assumption of debt.  DigitalBridge (DBRG) agreed to pay $34.25/share for Switch (SWCH), according to a statement...

Switch to be Taken Private by DigitalBridge Investment Management and IFM in $11 Billion Transaction PR Newswire Switch Common Stockholders to Receive $34.25 Per Share in Cash Transaction Partners Switch with Preeminent Infrastructure Investment Consortium ...

Update to Switch First Quarter 2022 Earnings Call Information PR Newswire LAS VEGAS , May 10, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) today announced that it will conduct its first quarter 2022 earnings conference call and live webcast for analysts...

Switch (NYSE:SWCH) declares $0.0525/share quarterly dividend, in line with previous. Forward yield 0.68% Payable June 6; for shareholders of record May 24; ex-div May 23. See SWCH Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Switch declares $0.0525 di...

Switch press release (NYSE:SWCH): Q1 Non-GAAP EPS of $0.04 misses by $0.01. Revenue of $164.6M (+25.7% Y/Y) beats by $0.78M. 2022 Guidance: Revenue in the range of $660 million to $674 million, reflecting 13% growth at the midpoint. Adjusted EBITDA in the range of $345 million to $357 mi...

Switch Announces First Quarter 2022 Financial Results PR Newswire Revenue of $164.6 million , Net Income of $23.9 million , Adjusted EBITDA of $86.8 million Revenue Growth of 26%, Organic Revenue Growth of 16% Compared to Year Ago Quarter In...

Switch (NYSE:SWCH) rose 4% on a report that Brookfield Asset Management (BAM) is exploring a purchase of the data-center operator. Brookfield is among potential buyers considering an acquisition of Switch (SWCH), according to traders, who cited a Bloomberg report. No final decision has b...

In this high inflation environment where the cost of borrowing is expected to rise through the central bank's actions, it is important to assess the outlook for indebted REITs like Iron Mountain. For this purpose, I found that its diversification into data centers has not necessarily ...