Applied Digital Reports Fiscal Fourth Quarter and Full Year 2024 Results
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Applied Blockchain Inc (APLD) PT Lowered to $10 at Roth/MKM
August 29, 2024 5:42 AM EDTRoth/MKM analyst Darrem Aftahi lowered the price target on Applied Blockchain Inc (NASDAQ: APLD) to $10.00 (from $11.00) while maintaining a Buy rating.
The analyst comments "4Q revenue was in line, but larger losses were driven by higher GPU depreciation and HPC... More
Applied Digital stock slumps 10% on wider-than-anticipated quarterly loss
August 29, 2024 5:42 AM EDTShares in Applied Digital Corp. (NASDAQ: APLD) tumbled more than 10% in Thursday premarket trading after the data center operator reported a larger-than-expected Q4.
The company posted a quarterly loss per share of $0.36, wider than the loss per share of $0.21 estimated by analysts.... More
