
Shares of Applied Digital Corp (NASDAQ:APLD) rose sharply in pre-market trading after the company released its fiscal first-quarter 2026 earnings report on Thursday.
Applied Digital reported first-quarter revenue of $64.22 million, beating analyst estimates of $49.99 million, according to Benzinga Pro. The digital infrastructure provider reported a first-quarter adjusted loss of three cents per share, beating analyst estimates for a loss of 13 cents per share.