1 hour ago

Applied Digital (APLD) Stock: Revenue Jumps 322% as AI Demand Surges

TLDR Applied Digital revenue jumps 322% to $341.9 million in fiscal Q1 2027 results. HPC hosting revenue reaches $262.6 million as AI data center demand expands. Adjusted EBITDA rises to $64.4 million from $0.5 million in the prior year. APLD closes down 6.04% before rebounding 0.96% during after-hours trading session. Debt reaches $6.4 billion as [...]

The post Applied Digital (APLD) Stock: Revenue Jumps 322% as AI Demand Surges appeared first on Blockonomi.

Source: Blockonomi →