Radius Global Infr Q2 EPS $(0.43) Misses $(0.31) Estimate, Sales $42.48M Miss $42.95M Estimate

8/9/23 5:20:20 PM ET

Telecommunications Equipment

Consumer Discretionary

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Radius Global Infr (NASDAQ:RADI) reported quarterly losses of $(0.43) per share which missed the analyst consensus estimate of $(0.31) by 38.71 percent. This is a 115 percent decrease over losses of $(0.20) per share from the same period last year. The company reported quarterly sales of $42.48 million which missed the analyst consensus estimate of $42.95 million by 1.11 percent. This is a 30.42 percent increase over sales of $32.57 million the same period last year.

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Recent Analyst Ratings for
$RADI

Date	Price Target	Rating	Analyst
12/16/2022	$13.00	Sector Perform	RBC Capital Mkts
12/14/2022	$17.00	Outperform	Exane BNP Paribas
3/2/2022	$24.00 → $23.00	Outperform	Credit Suisse
3/2/2022	$21.00 → $18.00	Strong Buy	Raymond James
1/6/2022	$23.00	Buy	Berenberg
11/12/2021	$21.00 → $24.00	Outperform	Credit Suisse
11/12/2021	$19.00 → $21.00	Outperform → Strong Buy	Raymond James
8/17/2021	$18.00 → $19.00	Outperform	Raymond James

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$RADI
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EQT and PSP complete acquisition of Radius Global Infrastructure
Radius begins next stage of growth as a private company Radius Global Infrastructure, Inc. ("Radius") (NASDAQ:RADI), a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets, announced the completion of its approximately $3.0 billion acquisition (the "Acquisition") by the EQT Active Core Infrastructure Fund ("EQT Active Core Infrastructure" or "EQT") and the Public Sector Pension Investment Board ("PSP Investments" or "PSP"). Under the terms of the merger agreement, which was approved by Radius stockholders at a special meeting held on June 15, 2023, Radius stockholders will receive $15.00 in cash pe
9/21/23 9:15:00 AM ET
$RADI
Telecommunications Equipment
Consumer Discretionary
Radius Global Infrastructure Reports Second Quarter 2023 Results
Revenue Increased 30% YoY Radius Global Infrastructure, Inc. (NASDAQ:RADI) ("Radius" or the "Company"), one of the largest international owners and acquirors of real property interests and similar contractual rights underlying essential digital infrastructure assets, today reported financial results for the quarter ended June 30, 2023. Bill Berkman, Co-Chairman and CEO of Radius Global Infrastructure, commented: "We generated quarterly Revenue of $42.5 million in the second quarter of 2023, up 30% from the second quarter of 2022, with Gross Profit increasing to $40.0 million, up 31% year-over-year. In the second quarter, our Annualized In-Place Rents increased by 34% year-over-year to
8/9/23 4:05:00 PM ET
$RADI
Telecommunications Equipment
Consumer Discretionary
Radius Global Infrastructure Reports First Quarter 2023 Results
Revenue Increased 35% YoY Radius Global Infrastructure, Inc. (NASDAQ:RADI) ("Radius" or the "Company"), one of the largest international owners and acquirors of real property interests and contractual rights underlying essential digital infrastructure assets, today reported financial results for the quarter ended March 31, 2023. Bill Berkman, Co-Chairman and CEO of Radius Global Infrastructure, commented: "We generated quarterly revenue of $41.2 million in the first quarter of 2023, up 35% from the first quarter of 2022, with gross profit increasing to $39.3 million, up 32% year-over-year. In the first quarter, our Annualized In-Place Rents increased by 32% to $165.8 million. Our reve
5/9/23 4:05:00 PM ET
$RADI
Telecommunications Equipment
Consumer Discretionary

$RADI
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Radius Global Infrastructure Reports Second Quarter 2023 Results
Revenue Increased 30% YoY Radius Global Infrastructure, Inc. (NASDAQ:RADI) ("Radius" or the "Company"), one of the largest international owners and acquirors of real property interests and similar contractual rights underlying essential digital infrastructure assets, today reported financial results for the quarter ended June 30, 2023. Bill Berkman, Co-Chairman and CEO of Radius Global Infrastructure, commented: "We generated quarterly Revenue of $42.5 million in the second quarter of 2023, up 30% from the second quarter of 2022, with Gross Profit increasing to $40.0 million, up 31% year-over-year. In the second quarter, our Annualized In-Place Rents increased by 34% year-over-year to
8/9/23 4:05:00 PM ET
$RADI
Telecommunications Equipment
Consumer Discretionary
Radius Global Infrastructure Announces First Quarter 2023 Earnings Release Date
Radius Global Infrastructure, Inc. (NASDAQ:RADI) ("Radius" or the "Company") today announced that it plans to release its first quarter 2023 financial results on Tuesday, May 9, 2023. As previously announced on March 1, 2023, the Company entered into a definitive agreement under which EQT Active Core Infrastructure and the Public Sector Pension Investment Board, through certain of their controlled affiliates, will acquire Radius. In light of this pending acquisition, Radius will not be hosting a conference call, issuing an earnings presentation or providing forward-looking guidance in conjunction with its first quarter 2023 earnings release. A copy of the earnings release will be posted t
4/21/23 9:00:00 AM ET
$RADI
Telecommunications Equipment
Consumer Discretionary
EQT Active Core Infrastructure announces first investment to acquire Radius Global Infrastructure
Radius owns and acquires critical digital infrastructure properties globallyTransaction highlights EQT's active ownership approach by acquiring an attractive, stable core infrastructure asset portfolio within a growing platform targeting a substantial market opportunityEQT Active Core Infrastructure and PSP Investments to further accelerate Radius' growth and future successSTOCKHOLM, March 1, 2023 /PRNewswire/ -- EQT is pleased to announce that the EQT Active Core Infrastructure fund ("EQT Active Core Infrastructure") together with Public Sector Pension Investment Board ("PSP") has agreed to acquire Radius Global Infrastructure ("Radius" or the "Company") (NASDAQ:RADI). Under the terms of th
3/1/23 5:35:00 PM ET
$RADI
Telecommunications Equipment
Consumer Discretionary

Radius Global Infr Q2 EPS $(0.43) Misses $(0.31) Estimate, Sales $42.48M Miss $42.95M Estimate

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Recent Analyst Ratings for
$RADI

$RADI
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RBC Capital Mkts initiated coverage on Radius Global Infrastructure with a new price target

Exane BNP Paribas initiated coverage on Radius Global Infrastructure with a new price target

Credit Suisse reiterated coverage on Radius Global Infr with a new price target

$RADI
Press Releases

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EQT and PSP complete acquisition of Radius Global Infrastructure

Radius Global Infrastructure Reports Second Quarter 2023 Results

Radius Global Infrastructure Reports First Quarter 2023 Results

$RADI
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RBC Capital Reiterates Sector Perform on Radius Global Infr, Maintains $15 Price Target