/C O R R E C T I O N -- WhiteFiber, Inc./
WhiteFiber reported Q2 revenue of $28.8 million, up 54% year-over-year, driven by strong growth in both Cloud Services and Colocation segments. Adjusted EBITDA increased 69% to $5.5 million, while cash and restricted cash totaled $60.4 million as of quarter-end. The company achieved a significant operational milestone by commencing billing at its flagship NC-1 data center campus and signed new multi-year agreements representing over $540 million in aggregate contract value.
Key figures
- Revenue
- 28839000
- Revenue Yoy
- 54%
- Adjusted ebitda
- 5535000
- Impairment charge
- 5006000
- Colocation revenue
- 4726000
- Gross profit excl da
- 17100000
- Total contract value
- $540 million
- Cloud services revenue
- 23806000
- Cash and restricted cash
- 60400000
- Remaining performance obligations
- 932900000
AI analysis
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