Switch (company)

Switch Issues Annual Environmental, Social and Governance Report

Retrieved on: 
Wednesday, May 24, 2023

LAS VEGAS, May 24, 2023 /PRNewswire/ -- Switch , the exascale technology infrastructure company, today issued its 2022 Environmental, Social and Governance (ESG) Report that highlights Switch's leadership and accomplishments in environmental stewardship, social commitment and sound corporate governance.

Key Points: 
  • LAS VEGAS, May 24, 2023 /PRNewswire/ -- Switch , the exascale technology infrastructure company, today issued its 2022 Environmental, Social and Governance (ESG) Report that highlights Switch's leadership and accomplishments in environmental stewardship, social commitment and sound corporate governance.
  • All Switch data centers run on 100% renewable energy and have been achieving this extraordinary milestone since 2016.
  • Switch, whose company culture has long embraced diversity and inclusion, increased the employment of ethnic minorities and further benefited from a decrease in turnover.
  • "The year ended with Switch joining the Digital Bridge and IFM Investors portfolios, a momentous event for Switch reflecting our industry leading performance and differentiated technology," said Switch Founder and CEO Rob Roy.

VNET Publishes 2022 Environment, Social and Governance Report

Retrieved on: 
Monday, April 24, 2023

BEIJING, April 24, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"),‎ a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it has published its 2022 Environmental, Social and Governance Report (the "2022 ESG Report"), highlighting its 2022 performance and initiatives related to sustainability, ethical business practices, digital empowerment, and social responsibility.

Key Points: 
  • BEIJING, April 24, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"),‎ a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it has published its 2022 Environmental, Social and Governance Report (the "2022 ESG Report"), highlighting its 2022 performance and initiatives related to sustainability, ethical business practices, digital empowerment, and social responsibility.
  • "In December 2022, MSCI raised our ESG rating to 'A', which represents the highest ranking to-date in China's Internet Services & Infrastructure industry.
  • VNET is proud to share its commitment with stakeholders, including these highlights from the 2022 ESG Report.
  • To view the full 2022 ESG Report, please visit the Company's Investor Relations website at https://ir.vnet.com/ or access the report at https://www.vnet.com/en/esg.html .

Dycom Industries, Inc. to Host Fiscal 2023 Third Quarter Results Conference Call

Retrieved on: 
Tuesday, November 15, 2022

PALM BEACH GARDENS, Fla., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2023 third quarter results on Tuesday, November 22, 2022, at 9:00 a.m. Eastern time.

Key Points: 
  • PALM BEACH GARDENS, Fla., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2023 third quarter results on Tuesday, November 22, 2022, at 9:00 a.m. Eastern time.
  • Dycom will issue a press release reporting its results earlier that morning.
  • Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI0369368b0c7644b086408460275d7ef8 .
  • Additionally, Dycom provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

Switch Announces Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, November 9, 2022

LAS VEGAS, Nov. 9, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) ("Switch") today announced financial results for the quarter ended September 30, 2022.

Key Points: 
  • Switch reported consolidated third quarter 2022 revenue of $174.5 million, representing 10% growth compared to the third quarter of 2021 and increasing 4% from the second quarter of 2022.
  • Switch reported a third quarter 2022 net loss of $0.2 million, compared to a net loss of $0.9 million in Q3 2021.
  • Third quarter 2022 Adjusted Funds from Operations were $56.4 million, compared to $51.1 million in the year ago quarter.
  • As of September 30, 2022, Switch had liquidity of $124.3 million, including cash and cash equivalents and availability under its revolver.

Dycom Industries, Inc. to Host Fiscal 2023 Second Quarter Results Conference Call

Retrieved on: 
Wednesday, August 17, 2022

PALM BEACH GARDENS, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2023 second quarter results on Wednesday, August 24, 2022, at 9:00 a.m. Eastern time.

Key Points: 
  • PALM BEACH GARDENS, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2023 second quarter results on Wednesday, August 24, 2022, at 9:00 a.m. Eastern time.
  • Dycom will issue a press release reporting its results earlier that morning.
  • Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI8912ef4c95fa46e899173079528bf98f .
  • Additionally, Dycom provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.

Switch Announces Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 8, 2022

LAS VEGAS, Aug. 8, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) ("Switch") today announced financial results for the quarter ended June 30, 2022.

Key Points: 
  • "Our second quarter 2022 revenue growth reflects the continued strong demand for our premium data center solutions and the benefit of favorable sales execution," said Gabe Nacht, CFO of Switch.
  • Switch reported consolidated second quarter 2022 revenue of $168.2 million, increasing 19% compared to the second quarter of 2021.
  • Switch reported second quarter 2022 net income of $380.7 million, compared to net income of $9.7 million in Q2 2021.
  • Second quarter 2022 Adjusted Funds from Operations were $66.4 million, compared to $64.3 million in the year ago quarter.

Nuvve and Switch Partner to Expand their EV and Charging Platforms' Global Reach, Features and Customer Benefits

Retrieved on: 
Tuesday, June 28, 2022

This integration between two best-in-class electric vehicle (EV) and charging software companies will improve interoperability among critical electrified transportation components: charging stations, EVs, and the grid.

Key Points: 
  • This integration between two best-in-class electric vehicle (EV) and charging software companies will improve interoperability among critical electrified transportation components: charging stations, EVs, and the grid.
  • It delivers predictive maintenance through granular insights into each EV charger component for 100% uptime and a truly seamless EV charging experience.
  • The company's mission is to accelerate EV adoption worldwide byoffering a seamless charging experience, total operational control and money-saving features.
  • It was founded in 2020 by Dr Marc Mltin, a world-renowned leader in the communication standards that underpin the global EV charging ecosystem.

ZTelco Announces New Partnership Deal with World's Only Green, Tier5® ExaScale Data Center Provider to Drive PaaS Growth

Retrieved on: 
Tuesday, June 7, 2022

POWAY, Calif., June 7, 2022 /PRNewswire-PRWeb/ -- Big changes are on the horizon for ZTelco and their RingPlan phone platform as they announce a new partnership deal with the world's only Tier5® ExaScale data center system, Switch.com.

Key Points: 
  • POWAY, Calif., June 7, 2022 /PRNewswire-PRWeb/ -- Big changes are on the horizon for ZTelco and their RingPlan phone platform as they announce a new partnership deal with the world's only Tier5 ExaScale data center system, Switch.com.
  • ZTelco president, Jacob Hansen, signs first-ever partnership deal with major data and storage provider to modernize his fast-growing RingPlan business phone operations, transforming it into a national Platform-as-a-Service (PaaS) solution.
  • Switch data centers are world-renowned with an incredible 100%, 22-year up-time reputation that far exceeds that of their closest competitor.
  • Switch data centers have raised industry standards throughout the world, becoming the first, and only, ExaScale data center ecosystem to reach a construction and operations Tier5 Platinum colocation.

Switch to be Taken Private by DigitalBridge Investment Management and IFM in $11 Billion Transaction

Retrieved on: 
Wednesday, May 11, 2022

LAS VEGAS, May 11, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) ("Switch") today announced it has entered into a definitive agreement with DigitalBridge Group, Inc. (NYSE: DBRG) ("DigitalBridge"), under which DigitalBridge Partners II, the value-added digital infrastructure equity strategy of the investment management platform of DigitalBridge, and an affiliate of global infrastructure investor IFM Investors ("IFM") will acquire all outstanding common shares of Switch for $34.25 per share in an all-cash transaction valued at approximately $11 billion, including the assumption of debt.

Key Points: 
  • "Through this transaction, we will remain at the forefront of growth and innovation within the data center industry.
  • We are also pleased to partner with IFM Investors, one of the world's leading institutional infrastructure investors, to execute this compelling transaction."
  • Kyle Mangini, Global Head of Infrastructure at IFM, said, "IFM is excited to partner with DigitalBridge and Switch on this transaction.
  • IFM Investors is a global investment management firm and one of the largest infrastructure investors in the world.

Update to Switch First Quarter 2022 Earnings Call Information

Retrieved on: 
Tuesday, May 10, 2022

LAS VEGAS, May 10, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) today announced that it will conduct its first quarter 2022 earnings conference call and live webcast for analysts and investors at 8:30 a.m. Eastern Time on Wednesday May 11, 2022.

Key Points: 
  • LAS VEGAS, May 10, 2022 /PRNewswire/ -- Switch, Inc. (NYSE: SWCH) today announced that it will conduct its first quarter 2022 earnings conference call and live webcast for analysts and investors at 8:30 a.m. Eastern Time on Wednesday May 11, 2022.
  • The company is providing updated dial-in information below, which replaces the previous conference call information provided in Switch's first quarter 2022 earnings press release.
  • A telephonic replay of the conference call will be available throughWednesday, May 18, 2022.
  • Switch (NYSE: SWCH), is the independent leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation technology innovation.