GlobeNewsWire
02 Jun 2026, 12:45 UTC · 3h ago
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RenX reported a record delivery quarter at its Myakka City facility, with 65,572 cubic yards of products delivered in Q1 2026, a 57% increase over the prior quarter. — Significant quarterly growth in deliveries suggests improving operational scale and demand for the company's core products.
+0.60An independent drone survey verified approximately 185,000 cubic yards of material on-site as of April 2, 2026. — Third-party verification of inventory provides transparency and reduces risk regarding the company's reported asset base.
+0.30RenX intends to monetize a portfolio of legacy real estate assets to fund its core platform operations. — The plan to unlock value from non-core assets provides a potential non-dilutive source of capital for growth.
+0.20Ticker attribution
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The company reported a record delivery quarter with a 57% increase over the prior quarter and third-party verification of its inventory.
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