Applied Digital stock slumps 10% on wider-than-anticipated quarterly loss
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Applied Digital Reports Fiscal Fourth Quarter and Full Year 2024 Results
August 28, 2024 4:15 PM EDTDALLAS, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (HPC) applications, cloud services (Cloud Services), and data center hosting (Data Center Hosting), reported financial results for the fiscal fourth quarter and full year ended May 31, 2024. The Company also provided an operational update.
