Applied Digital Fiscal Q2 Adjusted Net Loss Widens, Revenue Increases

MT Newswires Live
15 Jan

Applied Digital (APLD) reported a fiscal Q2 adjusted net loss late Tuesday of $0.06 per diluted share, compared with a loss of $0.05 a year earlier.

Three analysts polled by FactSet expected a loss of $0.16 per share.

Revenue for the quarter ended Nov. 30 was $63.9 million, up from $42.2 million a year earlier. Analysts surveyed by FactSet expected $62.4 million.

Shares of Applied Digital were up 2.1% in after-hours activity.

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