Applied Digital (APLD) Misses Q4 EPS by 15c

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Go back to Applied Digital (APLD) Misses Q4 EPS by 15c

Applied Blockchain Inc (APLD) PT Lowered to $10 at Roth/MKM

August 29, 2024 5:42 AM EDT

Roth/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 EDT

Shares 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