
Hypersale Data, Inc. (AMEX:GPUS) stock stock is trading higher Monday after the company issued preliminary sales guidance for the first-quarter and full fiscal-year 2025.
What To Know: The company expects to report $25 million in first-quarter revenue. The company also guided for full-year revenue of $115 million to $125 million.
Hyperscale noted that it reported a significant one-time gain of approximately $9.7 million in the first-quarter. The company attributed this to deconsolidation of Avalanche International Corp.
“2025 is off to a strong start with growth across several of our core businesses,” said William B. Horne, CEO of Hyperscale. “Our transition of the Michigan facility to an AI data center and partial divestment of non-core assets are key milestones as we position Hyperscale Data for long-term success.”
Hyperscale shares are trading more than 400% higher. The company's micro-cap status, with a market capitalization of $2.09 million, may be contributing to the stock's volatility.
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GPUS Price Action: At the time of writing, Hyperscale stock is trading 468% higher at $7.78, according to data from Benzinga Pro.
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