Applied Digital beats Q3 estimates with $341.9M revenue and AI data center growth
FROM THE WIRE · FINANCE.YAHOO.COM
Digital infrastructure provider Applied Digital (NASDAQ:APLD) beat Wall Street's revenue expectations in calendar Q3 2026 (fiscal Q1 2027), with sales up 322% year on year to $341.9 million. Its non-GAAP loss of $0.01 per share was 96.7% above analysts' consensus estimates. Is…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishStrong revenue beat (153% above estimates) and 322% YoY growth from AI infrastructure provider is market-moving.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Applied Digital reported Q3 revenue of $341.9M vs estimates of $135.3M (153% beat).
- 02Year-on-year growth of 322%; adjusted EBITDA of $64.41M vs estimates of $39.79M (61.9% beat).
- 03Market cap $7.07B; strong performance driven by rapid AI data center expansion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets