Whitefiber

Q2 FY2026 EarningsQ2 FY26 beat revenue consensus at $28.84M vs. $18.43M expected, driven by a $12.3M termination fee from the Initial Customer and ramping MTL-3 data center revenue. GAAP EPS of -$0.39 was better than the -$0.44 consensus, aided by lower-than-expected G&A and a $5M software impairment being partially offset by strong operational cash flow of $89.1M (YTD). Management secured over $600M in new contracted revenue, including a major $160M Paris deployment, though significant customer concentration remains a key risk.