These Analysts Cut Their Forecasts On WhiteFiber Following Q4 Loss

WhiteFiber, Inc. (NASDAQ: WYFI) reported a Q4 GAAP loss per share of 67 cents, exceeding the 18-cent loss estimate, while revenue of $23.561 million fell short of the $23.791 million estimate. Year-over-year, total revenue increased by 61% to $23.6 million, but the net loss widened to $1.5 million from $1.0 million. Following the earnings announcement, analysts from HC Wainwright & Co. and Needham adjusted their price targets for the stock, lowering them to $20 and $36, respectively, while shares dropped 12.5% to $10.63.