24/7 Market News Snapshot 05 May, 2025 – Hyperscale Data, Inc. (NYSE:GPUS)
DENVER, Colo., 05 May, 2025 (www.247marketnews.com) – (NYSE:GPUS) are discussed in this article.
Hyperscale Data, Inc. (NYSE American: GPUS) has captured market attention with its remarkable performance, currently trading at approximately $3.228—a significant 135.62% increase from the previous close of $1.370. This surge is complemented by a trading volume of 4.25 million shares, indicating strong investor confidence and interest in the company’s future prospects. In addition to its impressive market activity, Hyperscale Data has also reported compelling preliminary financial results for the first quarter of 2025.
For the quarter ending March 31, 2025, the company announced that its revenue surpassed $25 million, significantly bolstered by the strong performances of its subsidiaries including Ault Global Real Estate Equities, Inc., Circle 8 Crane Services, LLC, and TurnOnGreen, Inc. CEO William B. Horne conveyed a positive outlook, stating that the growth across core businesses marks a strong start to 2025. He highlighted the conversion of its Michigan facility into an AI data center as a pivotal step that aligns with their vision for long-term success.
In anticipation of the upcoming fiscal year, Hyperscale Data is projecting a revenue range of $115 million to $125 million. This projection underscores the company’s commitment to adapting and thriving in high-growth markets. Notably, a one-time gain of approximately $9.7 million from the deconsolidation of Avalanche International, Corp has further enhanced its positive financial trajectory.
With a clear strategic focus on innovation and capitalizing on emerging opportunities, Hyperscale Data is diligently working to enhance shareholder value while expanding its footprint in the tech sector. The transformation of its Michigan data center into a state-of-the-art AI facility is a testament to the company’s proactive approach in navigating the evolving landscape of technology infrastructure and services.
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