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WhiteFiber Shares Slip After 4Q Loss Widens, Hurt by Higher Expenses

Dow Jones03-26

By Connor Hart

 

Shares of WhiteFiber fell after the company widened its loss in the fourth quarter, as it invested to bring new artificial-intelligence infrastructure online to meet demand.

The stock was down 9.1%, to $13.35, in premarket trading Thursday. Shares had their public debut last August, with the company pricing its initial offering of nearly 9.38 million shares at $17 each.

The company, which provides AI infrastructure and high-performance computing solutions, before the bell posted a loss of $1.52 million, compared with a loss of $1.04 million a year earlier.

On a per share basis, the quarterly loss came out to 67 cents, missing analyst expectations for a loss of 17 cents a share, according to FactSet.

Total operating expenses jumped 75% to $28.8 million, as the company worked to expand its infrastructure platform and bring new AI capacity online to support rapidly growing demand for high-performance compute.

Revenues climbed 61% to $23.6 million, compared with Wall Street models for $23.8 million.

Cloud services revenue was up 48%, to $19.3 million, while colocation services revenue nearly tripled, to $3.85 million.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

March 26, 2026 08:20 ET (12:20 GMT)

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