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Applied Digital Issues Fiscal Q4 Guidance
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Applied Digital Issues Fiscal Q4 Guidance
Jul 9, 2024 6:37 AM

09:06 AM EDT, 07/09/2024 (MT Newswires) -- Applied Digital ( APLD ) said it expects fiscal Q4 revenue to be $41.7 million to $43.7 million.

Analysts polled by Capital IQ expect $29.3 million.

The data center hosting company said it expects adjusted earnings before interest, taxes, depreciation, and amortization for the quarter ended May 31 to be between $2.8 million and $4.8 million.

Shares of the company were down more than 10% in recent Tuesday premarket activity.

Price: 6.42, Change: -0.72, Percent Change: -10.05

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