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WhiteFiber: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — WhiteFiber Inc. (WYFI) on Tuesday reported a loss of $101.4 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of $2.44. Losses, adjusted for non-recurring costs, came to 50 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share.

The operator of data centers posted revenue of $24 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $29.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WYFI at https://www.zacks.com/ap/WYFI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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