WhiteFiber Inc reports results for the quarter ended June 30 - Earnings Summary
WhiteFiber Inc reports results for the quarter ended June 30 - Earnings Summary
WhiteFiber Inc WYFI.OQ reported a quarterly adjusted loss of 26 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of eleven analysts for the quarter was for a loss of 44 cents per share. Wall Street expected results to range from -61 cents to -26 cents per share.
Revenue rose 54.5% to $28.84 million from a year ago; analysts expected $19.34 million.
WhiteFiber Inc's reported EPS for the quarter was a loss of 39 cents.
The company reported a quarterly loss of $14.98 million.
WhiteFiber Inc shares had fallen by 37.7% this quarter and gained 53.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 19.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for WhiteFiber Inc is $37.00, about 34.5% above its last closing price of $24.22
This summary was machine generated from LSEG data August 12 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.44 | -0.26 | Beat |
Mar. 31 2026 | -0.30 | -0.31 | Missed |
Dec. 31 2025 | -0.16 | -0.67 | Missed |
Sep. 30 2025 | -0.07 | -0.12 | Missed |
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