Applied Digital (APLD) Tops Q1 EPS by 12c

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Go back to Applied Digital (APLD) Tops Q1 EPS by 12c

Applied Digital Reports Fiscal First Quarter 2025 Results

October 9, 2024 4:05 PM EDT

DALLAS, Oct. 09, 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 first quarter ended August 31, 2024. The Company also provided an operational update.

Fiscal First Quarter 2025 Financial Highlights

Revenues of $60.7 million, up 67% from the prior year periodNet loss of $4.2 millionNet loss per basic and diluted... More