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OTCMKTS:APLD

Applied Digital 8/28/2024 Earnings Report

Applied Digital logo
$19.91 +0.08 (+0.40%)
Closing price 04:00 PM Eastern
Extended Trading
$19.94 +0.03 (+0.15%)
As of 06:19 PM Eastern
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Applied Digital EPS Results

Actual EPS
-$0.52
Consensus EPS
-$0.23
Beat/Miss
Missed by -$0.29
One Year Ago EPS
N/A

Applied Digital Revenue Results

Actual Revenue
$43.70 million
Expected Revenue
$42.70 million
Beat/Miss
Beat by +$1.00 million
YoY Revenue Growth
N/A

Applied Digital Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Applied Digital Earnings Headlines

Applied Digital: Wait Till Valuations Matter, Then You Will Get It
An $8 trillion-dollar discovery 17,000 ft underwater
A strange rock pulled from the ocean floor may hold the key to a $16 trillion resource boom. Inside it: materials critical for AI chips, EV batteries, smartphones, and advanced weapons systems. While few people know about these metals, global powers—including the U.S., China, and Russia—are racing to secure them. And one tiny public company, recently backed by the U.S. government, holds mining rights to over 340 million tons… and near-monopoly access to the richest zone.tc pixel
See More Applied Digital Headlines
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About Applied Digital

Applied Digital (OTCMKTS:APLD) (OTCMKTS:APLD) is a developer and operator of digital infrastructure specializing in high-intensity computing applications. The company designs, builds and manages large-scale data center campuses and modular computing facilities that leverage advanced cooling technologies to optimize performance and energy efficiency. Its core offerings include turnkey deployment of server racks, immersion cooling systems and proprietary control software aimed at serving blockchain networks, artificial intelligence workloads and other compute-intensive clients.

In addition to its data center services, Applied Digital maintains in-house blockchain validation operations, most prominently focused on bitcoin mining. By locating its facilities near low-cost energy sources—such as flared natural gas sites and renewable power installations—the company seeks to lower operating expenses and minimize environmental impact. Applied Digital also offers colocation solutions for third-party miners and enterprise customers, providing scalable power, network connectivity and remote management tools under long-term service agreements.

Applied Digital emerged in mid-2021 following a corporate reorganization of Applied Digital Solutions, with a dedicated focus on digital infrastructure. Headquartered in Florida, the company’s primary campus development projects are located in Texas, where it has secured grid connections and land for expansion. The management team brings together executives with backgrounds in data center construction, energy management and blockchain technology, positioning Applied Digital to capitalize on the growing demand for specialized compute capacity across North America and select international markets.

View Applied Digital Profile

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