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Market Impact: 0.4

Applied Digital Corporation (APLD) Reports Q3 Loss, Tops Revenue Estimates

APLD
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Applied Digital reported a quarterly loss of $0.36 per share, missing the Zacks consensus loss of $0.10 by $0.26 and widening from a $0.16 loss a year ago (loss widened $0.20 YoY). The material earnings miss and deterioration versus prior-year results are likely to pressure the stock and prompt scrutiny of underlying fundamentals and any upcoming guidance.

Analysis

Applied Digital reported a quarterly loss of $0.36 per share, missing the Zacks consensus loss of $0.10 by $0.26 and widening from a $0.16 loss a year ago (loss widened $0.20 YoY). The material earnings miss and deterioration versus prior-year results are likely to pressure the stock and prompt scrutiny of underlying fundamentals and any upcoming guidance.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.60

Ticker Sentiment

APLD-0.80