WhiteFiber Posts $3M Q1 Adjusted EBITDA, Details $865M Nscale Deal & 99 MW Power
WYFI has more than doubled off its 52-week low of $10.51.
Summary
WhiteFiber's investor presentation highlights a 10-year, $865 million Nscale contract and reports Q1 2026 adjusted EBITDA of $3.0 million. The company also detailed 99 MW of power capacity at its NC-1 site and over $175 million in new cloud contract wins in May, including a ~$17 million U.S. deal. This presentation consolidates and adds specific financial and operational details to previously announced contracts and Q1 results, providing a clearer view of the company's positive momentum. The positive adjusted EBITDA is a key financial metric for traders to consider.
At the time of this announcement, WYFI was trading at $22.60 on NASDAQ in the Technology sector, with a market capitalization of approximately $881.2M. The 52-week trading range was $10.51 to $40.75. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.