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Applied Digital Reports Fiscal Q1 Adjusted Loss, Revenue Increases
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Applied Digital Reports Fiscal Q1 Adjusted Loss, Revenue Increases
Oct 10, 2024 10:31 PM

04:19 PM EDT, 10/09/2024 (MT Newswires) -- Applied Digital ( APLD ) reported a fiscal Q1 adjusted net loss late Wednesday of $0.15 per diluted share.

Analysts polled by Capital IQ expected a loss of $0.26 per share.

Revenue for the quarter ended Aug. 31 was $60.7 million, up from $36.3 million a year earlier. Analysts surveyed by Capital IQ expected $52.3 million.

Price: 7.59, Change: +0.19, Percent Change: +2.57

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