Earnings call briefFiscal second-quarter 2027
HIVE Digital Technologies says newer GPU cloud deals target about 80% EBITDA
The company said the budget to complete its Toronto 1 data center is about $40 million, for 5 megawatts of critical IT load.
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HIVE Digital Technologies said on its fiscal second-quarter call that its newer GPU cloud deals are targeting about 80% EBITDA. President and CEO Aydin Kilic said the quarter's 51% HPC margin was measured on the $35 million of HPC annualized recurring revenue booked for the quarter.
Kilic said the company would not really expand its Bitcoin mining, beyond small opportunistic orders, because it is putting cash toward assets that generate near-term revenue.
Quotes from the call
“...we've also included a budget to complete the Toronto 1 data center for USD 40 million to bring on that 5 megawatts of critical IT load.”
Key facts from the call
- Toronto 1 budget
- About $40 million, for 5 megawatts of critical IT load
- Newer GPU cloud deals EBITDA target
- About 80%
Source: HIVE Digital Technologies' fiscal second-quarter 2027 earnings call, November 10, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.