WhiteFiber, Inc. Reports Third Quarter Earnings Miss on Revenue and EPS
WhiteFiber, Inc. (WYFI) reported third-quarter financial results that fell significantly short of market expectations. The company posted a GAAP earnings per share (EPS) of -$2.44, missing estimates by $2.07. While revenue grew 18.8% year-over-year to reach $24 million, this figure missed consensus projections by $6.19 million. The company's Adjusted EBITDA reached a breakeven point, representing a decline from the approximately $2.3 million reported in the same period last year. These results come amid broader discussions regarding the company's ability to finance its AI infrastructure growth and manage the complexities of upcoming AI-related contracts.
Tickers: $WYFI
Topics: AI infrastructure convertible notes earnings miss revenue miss
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