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DigitalBridge: Q4 Earnings Snapshot

BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — DigitalBridge Group, Inc. (DBRG) on Wednesday reported fourth-quarter net income of $65.1 million.

The Boca Raton, Florida-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring gains, were 21 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The provider of asset management services to NorthStar Realty Finance Corp. posted revenue of $105.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $100.3 million.

For the year, the company reported profit of $141.9 million, or 46 cents per share. Revenue was reported as $374.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DBRG at https://www.zacks.com/ap/DBRG

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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