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Benzinga
Benzinga
Business
Avi Kapoor

Applied Digital Likely To Report Q1 Loss; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Applied Digital Corporation

Applied Digital Corporation (NASDAQ:APLD) will release earnings results for the first quarter, after the closing bell on Thursday, Oct. 9.

Analysts expect the Dallas, Texas-based company to report a quarterly loss at 16 cents per share, versus a year-ago loss of 15 cents per share. Applied Digital projects quarterly revenue of $45.46 million, compared to $60.70 million a year earlier, according to data from Benzinga Pro.

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