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WhiteFiber, Inc. (NASDAQ:WYFI) reported mixed first-quarter results on Thursday.
WhiteFiber reported a loss of 31 cents per share, missing the consensus estimate of a 28 cent-loss. In addition, it reported revenue of $21.92 million, beating the consensus estimate of $21.62 million, and representing a 31% year-over-year increase.
Cloud services revenue totaled $16.8 million in the quarter, up 13.0% year-over-year from $14.8 million in the first quarter of 2025.
Colocation services revenue increased 190.2% year-over-year to $4.8 million, driven by the commencement …
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