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via seekingalpha.comMarkets

Applied Digital Q1: Non-GAAP EPS of -$0.01 beats, revenue $341.9M +322.5% YoY

FROM THE WIRE · SEEKINGALPHA.COM

Applied Digital press release (APLD): Q1 Non-GAAP EPS of -$0.01 beats by $0.29. Revenue of $341.9M (+322.5% Y/Y) beats by $217.33M.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullish322% revenue growth and significant earnings beat are market-moving results for the AI/cloud sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Applied Digital reported Non-GAAP EPS of -$0.01, beating estimates by $0.29.
  2. 02Q1 revenue was $341.9 million, up 322.5% year-over-year.
  3. 03The revenue beat was $217.33 million, indicating very strong demand for neocloud services.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Applied Digital Corp.APLDStock23.81 USDMarket closedtoday -6.04%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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