DigitalBridge Q1 2022: GAAP net loss of $262M; plans to start common dividend in Q3

DigitalBridge Group, Inc.

2022-Q1 EPS reported -$0.46 revenue$257,459,000

Total revenues of $257M; GAAP net loss attributable to common stockholders $(262)M ($(0.46)/share).
Distributable Earnings and AFFO of $1.6M for the quarter.
Board declares regular quarterly common dividend expected to begin in Q3 2022 (amount not yet set).
Preferred dividends declared: Series H $0.4453125, Series I $0.446875, Series J $0.4453125 per share.
CEO cites two strategic transactions to scale investment management platform; no deal details provided.

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