
HIVE Digital is accelerating its GPU cloud push with a five-year $70M ARR contract, a $200M ARR target and Bitcoin mining funding AI and HPC growth.
Aerohive Networks, Inc. designs and develops cloud networks and enterprise Wi-Fi solutions in the Americas, Europe, the Middle East and Africa, and Asia Pacific. The company is headquartered in Milpitas, California.
| Revenue (TTM) | $331.30M |
| Gross Profit (TTM) | $116.27M |
| EBITDA | $35.78M |
| Operating Margin | -58.70% |
| Return on Equity | -66.40% |
| Return on Assets | -12.90% |
| Revenue/Share (TTM) | $1.34 |
| Book Value | $2.04 |
| Price-to-Book | 1.39 |
| Price-to-Sales (TTM) | 2.54 |
| EV/Revenue | 2.583 |
| EV/EBITDA | 28.31 |
| Quarterly Earnings Growth (YoY) | -99.90% |
| Quarterly Revenue Growth (YoY) | 73.50% |
| Shares Outstanding | $273.64M |
| Float | $271.12M |
| % Insiders | 0.97% |
| % Institutions | 43.69% |
Volatility is currently contracting

HIVE Digital is accelerating its GPU cloud push with a five-year $70M ARR contract, a $200M ARR target and Bitcoin mining funding AI and HPC growth.

Sustainable energy and advanced cooling technology give HIVE an edge in the AI race. A lucrative new contract has the company on track to hit its year-end revenue target.

HIVE Digital Technologies Ltd. (HIVE:CA) Q1 2027 Earnings Call Transcript

HIVE Digital Technologies (NASDAQ:HIVE) shares are up 11% to $2.98 in midday trading Monday, jumping from Friday's $2.69 close after the bitcoin miner unveiled its largest AI contract to date.

HIVE Digital Technologies NASDAQ: HIVE reported fiscal first-quarter 2027 revenue of $79.1 million, up 73% from $45.6 million a year earlier and 10% sequentially, as the company expanded its Bitcoin mining operations and continued building its high-performance computing, or HPC, and artificial intelligence infrastructure business.

HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) announced that it has signed a five-year GPU cloud services agreement with an investment-grade enterprise customer valued at approximately $350 million, as the company expands its artificial intelligence infrastructure business through wholly owned subsidiary BUZZ High Performance Computing. The agreement is expected to generate approximately $70 million in annualized revenue and brings BUZZ HPC's total annualized revenue to about $180 million.

This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated June 16, 2026 to its short form base shelf prospectus dated October 31, 2025. Vancouver, British Columbia--(Newsfile Corp. - August 17, 2026) - HIVE Digital Technologies Ltd.

Shares of HIVE Digital Technologies Ltd (NASDAQ:HIVE) rose sharply in pre-market trading.

This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated June 16, 2026 to its short form base shelf prospectus dated October 31, 2025. Vancouver, British Columbia--(Newsfile Corp. - August 17, 2026) - HIVE Digital Technologies Ltd.

HIVE expects higher Q1 revenues as Paraguay expansion and HPC growth boost mining capacity, though profitability may have remained pressured.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on HIVE and any ticker you trade — then tracks every position and per-strategy win rate.