Applied Digital Corp (NASDAQ:APLD) reported its first-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.
The Details: Applied Digital reported quarterly losses of 15 cents per share which beat the analyst consensus estimate for losses of 29 cents. Quarterly revenue came in at $60.7 million, beating the consensus estimate of $54.85 million.
Applied Digital said the increase in revenues was primarily driven by the company recognizing ...
