Wells Fargo Starts Csquare Inc (CSQR) at Overweight

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Go back to Wells Fargo Starts Csquare Inc (CSQR) at Overweight

Csquare Reports Record Second Quarter 2026 Results

August 6, 2026 4:05 PM EDT

Revenue Increased 14.5% Year-Over-Year, Record Bookings of $64.7 Million, Net Loss of $48.8 Million Reflects Pre-IPO Capital Structure, and Adjusted EBITDA Grew 21% to $120.3M

Second Quarter Highlights

Successfully completed the Company's initial public offering on July 17 and commenced trading on the New York Stock Exchange under the ticker symbol CSQR.Total revenue increased 14.5% year-over-year to $280.4 million, driven by continued strength in the Company's core colocation business and recurring infrastructure services.Colocation revenue increased 17.5% year-over-year to $210.6 million, reflecting... More