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Two Blokes May 21 -
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LAS VEGAS, May 21, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), yesterday filed its Form 10-Q for the quarter ended March 31, 2025. The Company reported revenue of $25 million for the first quarter and reaffirms its previous guidance of $115 to $125 million of revenue for the year ending December 31, 2025, citing continued momentum across its artificial intelligence (“AI”) data center, equipment rental and financial services operations. In the first quarter, Hyperscale Data recorded a one-time gain of $10.0 million from the deconsolidation of its former majority owned subsidiary, Avalanche International, Corp. after it filed for bankruptcy protection.
