Applied Digital Posts Smaller-Than-Expected Loss on Demand for …

14 hours ago · Applied Digital posted an adjusted net loss of 6 cents per share for the quarter ended Nov. 30, compared with a loss of 15 cents per share expected by analysts, according to …

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Applied Digital: Assessing The Macquarie Deal And FY Q2-25 …

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36 minutes ago · After losses on debt value and debt conversion, Applied Digital's net loss before taxes was over $138.7 million in the quarter. Q2-25, Assets (Applied Digital)

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Applied Digital Fiscal Q2 Adjusted Net Loss Widens, Revenue …

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1 day ago · -- Applied Digital 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 …

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FAQs about Applied Digital Posts Smaller-Than-Expected Loss on Demand for … Coupon?

Why did applied digital lose a second quarter?

(Reuters) - Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud services business. ...

What happened to applied digital?

Bitcoin (BTC-USD) mining, which is categorized as 'data center hosting' was down slightly on the year but still accounted for roughly 57% of Applied Digital's total sales. The company's operating loss from both cloud services and HPC hosting was over $5.8 million in each segment. ...

Why did applied digital stock close 10% higher on Tuesday?

The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 billion in Applied Digital's AI data centers and take a 15% stake in the company's high-performance computing business. ...

Will applied digital close a 100 mw deal with a hyperscaler?

Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains uncertain. The company reported a 51.3% YoY revenue increase in Q2 FY 2025, but significant operating losses persist. ...

Is applied digital a good investment?

Applied Digital's shares have more than tripled in the past two years as investors bet on strong growth at AI firms and data center providers thanks to the booming AI landscape. Dallas, Texas-based Applied Digital posted second-quarter revenue of $63.9 million, up 51% from last year and largely in line with analysts' estimates. ...

How did applied digital perform in November 2024?

For the quarter-ended November 2024, the company reported just under $63.9 million in top-line revenue. This was good for a 5.2% sequential increase and a 51.3% year-over-year increase in the quarter: Source: Applied Digital ...