Hyperscale Data, Inc. (GPUS summary) announced preliminary financial results for the first quarter of 2025, reporting revenue exceeded $25 million for the period ending March 31, 2025.
The diversified holding company provided guidance for the full fiscal year 2025, projecting total revenue between $115 million and $125 million. This guidance suggests the company expects revenue to increase in upcoming quarters.
The company also reported growth at several of its subsidiaries. These included Ault Global Real Estate Equities, Inc., Circle 8 Crane Services, LLC, and TurnOnGreen, Inc.
Hyperscale Data recognized a one-time gain of approximately $9.7 million during the first quarter. This resulted from the deconsolidation of Avalanche International, Corp.
The company is transitioning its Michigan data center into a facility optimized for artificial intelligence workloads. This move positions the company to participate in the growth of AI infrastructure services.
Management stated this transition and the sale of some company assets are part of a strategic plan. The plan aims to position the company for long-term performance by focusing on growth areas.
Information regarding the planned divestiture of certain assets, specifically its Ault Capital Group, Inc. subsidiary, is available for stockholders. The company expects this divestiture to occur around December 31, 2025.
Following the divestiture, Hyperscale Data intends to operate solely as an owner and operator of data centers supporting high-performance computing, including potential Bitcoin mining. Until then, the company will continue providing products and services across various industries through its subsidiaries.
Public filings and press releases regarding Hyperscale Data and its subsidiaries are available through the company's investor relations section or the U.S. Securities and Exchange Commission site (SEC filings).
William B. Horne, Chief Executive Officer of Hyperscale Data, said, “2025 is off to a strong start with growth across several of our core businesses.”