Management Expects to Provide Preliminary 2027 Adjusted EBITDA Guidance and Additional Financial and Operating Metrics During
Based on preliminary results, the Company expects to report consolidated revenue for the first half of 2026 or approximately
Reflecting the Company's strong first-half performance and current operating outlook,
The Company's preliminary 2027 revenue guidance reflects management's current expectations based on existing operating assumptions, including anticipated growth across its Michigan AI data center campus, financial services platform and blockchain initiatives. Together, these strategic businesses are expected to increase the scale of the Company's operations while supporting a larger base of recurring, higher-quality revenue. The outlook assumes continued execution of the Company's strategic initiatives while recognizing that future results remain subject to customer deployments, financing activities, market conditions and the other factors.
The first half of 2026 represented an important operating milestone as the Company continued strengthening and expanding its operating platform. The majority of the year-over-year revenue growth was attributable to the reconsolidation of Gresham Worldwide, Inc.("Gresham Worldwide") and stronger contributions from the Company's financial services business,
Preliminary 2027 Revenue Guidance Anticipated to Exceed
Management believes this preliminary revenue outlook reflects the Company's expanding operating platform and anticipated growth across its core strategic businesses. The Company intends to discuss the principal assumptions supporting this outlook during its
As previously announced,
Management also expects to provide preliminary 2027 Adjusted EBITDA guidance, together with additional financial and operating metrics designed to provide investors with greater insight into the Company's operating performance, capital allocation strategy and long-term financial objectives.
Milton "Todd" Ault III, Executive Chairman of
Looking ahead, we believe our Michigan AI data center campus, financial services platform and expanding blockchain initiatives position us to deliver meaningful revenue growth while creating opportunities to improve the quality of our earnings over time. We look forward to discussing our long-term financial outlook in greater detail during our
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The Company currently expects to file its Quarterly Report on Form 10-Q for the quarter ended
For more information on
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.
Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.
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