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Update: DigitalBridge Shares Advance Amid Higher Q4 Distributable Earnings
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Update: DigitalBridge Shares Advance Amid Higher Q4 Distributable Earnings
Feb 20, 2025 9:30 AM

12:03 PM EST, 02/20/2025 (MT Newswires) -- (Updates with recent stock movement in the headline and first paragraph.)

DigitalBridge Group ( DBRG/PJ ) shares advanced by more than 10% in recent Thursday trading after the company reported Q4 distributable earnings of $0.11 per share, up from $0.10 a year earlier.

Analysts polled by FactSet expected $0.09.

Revenue for the quarter ended Dec. 31 was $66.2 million, compared with $350.3 million a year earlier.

Analysts surveyed by FactSet expected $94.8 million.

Price: 11.79, Change: +1.04, Percent Change: +9.63

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