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Applied Digital (APLD) Stock Jumps 4% After Revenue Triples Estimates

By Trader Edge at 2026-11-07 08:01

Sentiment: Negative

TLDR Applied Digital’s fiscal Q1 revenue jumped 322% year-over-year to $341.9 million, smashing Wall Street’s estimate of around $134 million. The stock fell about 6% during Wednesday’s regular trading before reversing to climb roughly 4% in after-hours action. GAAP net loss widened to $221 million, or $0.76 per share, but the adjusted loss of $0.01 [...] The post Applied Digital (APLD) Stock Jumps 4% After Revenue Triples Estimates appeared first on CoinCentral. Continue reading...

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