Welcome to our dedicated page for Applied Digital news (Ticker: APLD), a resource for investors and traders seeking the latest updates and insights on Applied Digital stock.
Applied Digital Corporation (APLD) is a leading provider of next-generation data center solutions and cloud services powering high-performance computing (HPC), AI, and blockchain technologies. This dedicated news hub offers investors and industry professionals direct access to official company announcements and market-relevant updates.
Discover timely press releases covering APLD's data center expansions, cloud service innovations, and strategic partnerships. Our curated collection includes earnings reports, operational milestones, and technology deployments across its core segments: hyperscale data center hosting, GPU-accelerated cloud solutions, and energy-efficient infrastructure developments.
Bookmark this page to track APLD developments in critical areas including AI-ready data center design, HPC hosting advancements, and sustainable digital infrastructure solutions. Stay informed through verified updates that matter for understanding the company's position in high-growth tech sectors.
Applied Digital Corporation (Nasdaq: APLD) reported its fiscal third quarter 2023 results, showcasing a revenue of $14.1 million, marking a 14% growth sequentially. While the company recognized an adjusted EBITDA of $0.9 million, it recorded an adjusted loss of $1.4 million, or $0.01 per share. The completion of its latest co-hosting facility in Ellendale, North Dakota, with a capacity of 180 MW, signifies progress, as it began energization in early March. Additionally, the company confirmed the start of operations in its Jamestown HPC facility within 4-5 weeks. Management remains optimistic about diversifying its customer base in the HPC market despite ongoing strong demand from cryptocurrency miners.
Applied Digital Corporation (Nasdaq: APLD) has announced the rescheduling of its earnings conference call to April 6, 2023, at 9:00 a.m. Eastern time, to discuss operations and financial results for the fiscal third quarter ended February 28, 2023. This change from the original Thursday afternoon timing aims to facilitate better engagement with investors. A detailed press release outlining these results will precede the call. Interested parties can join the call via designated U.S. and international dial-in numbers, with a replay available post-call until April 20, 2023.
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