Applied Blockchain Inc

Applied Digital Corp. operates as a technology company, which engages in the development and operation of data centers which provide computing power. The company was founded in May 2001 and is headquartered in Dallas, TX.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Applied Digital reports Q1 net loss, aims for diversified revenue

Applied Digital is making progress in diversifying revenue streams and expanding its HPC capabilities. However, the company faces challenges in financing and the approval process for the Garden City facility. Despite this, the anticipated demand for HPC presents significant growth opportunities.

Applied Digital reports strong Q2 earnings and outlines growth opportunities

Applied Digital's strong financial performance and strategic goals demonstrate a promising outlook for the company. While there are challenges related to financing and cash flow management, the opportunities presented by the robust pipeline for AI cloud service and continuous delivery of orders indicate potential for significant growth. The company's partnerships with OEMs and focus on expanding AI cloud services and next-gen HPC datacenters further strengthen their position in the market.

Applied Blockchain Inc surpasses Q3 revenue targets, eyes HPC expansion

Applied Blockchain Inc's Q3 performance exceeded expectations, driven by HPC operations, with a focus on revenue diversification and operational efficiency. Despite challenges in financing and weather-related issues, the company is optimistic about revenue growth potential and expanding customer base.

Applied Blockchain Inc reports strong Q4 earnings and ambitious 2024 goals

Applied Blockchain Inc's Q4 2023 earnings call showcased robust financial performance, strategic goals for 2024, and promising revenue guidance.
While the company faces challenges such as high debt levels and operational losses, its focus on innovation and revenue diversification presents growth opportunities.
Investors should monitor the company's progress in managing debt, improving profitability, and enhancing financial transparency to assess its long-term viability.

Applied Blockchain Inc reports robust Q1 earnings and growth outlook

Applied Blockchain Inc (APLD) delivered strong financial results in Q1 2024, driven by operational excellence and strategic growth initiatives.
Despite potential challenges in meeting demand and scaling operations, the company's focus on technological advancement and securing key partnerships positions them for future success.
With a clear roadmap for growth and reaffirmed revenue expectations, Applied Digital demonstrates confidence in their ability to sustain financial performance and capitalize on market opportunities.

Applied Blockchain Inc reports Q2 growth amid rising Bitcoin demand

Applied Blockchain Inc's Q2 2024 performance reflects revenue growth driven by high demand for hosting services amidst rising Bitcoin costs.
The company faces challenges with infrastructure improvements, delays in GPU deployment, and increased costs impacting financial results.
Strategic strengths include expanding data center operations, infrastructure development, and proactive marketing initiatives targeting new markets.
Opportunities lie in rising Bitcoin prices, new enterprise market demand, and expectations of improved cash flow from data centers, positioning the company for future growth.

Applied Blockchain Inc reports mixed Q3 results amid growth opportunities

Applied Blockchain Inc faced challenges from power outages impacting financial performance but showed strength in revenue generation and balance sheet improvement.
The company is well-positioned for growth with significant progress in cloud services and data center development, along with strategic partnerships in place.
Opportunities lie in expanding capacity, securing contracts, and addressing operational challenges to drive future success and profitability.

Applied Blockchain Inc reports mixed Q4 results, eyes growth opportunities

Applied Blockchain Inc delivered strong revenue performance in Q4 2024 but faced challenges with increased costs leading to a net loss.
The company's focus on strategic growth initiatives and securing funding post-fiscal year-end indicate a commitment to long-term success.
Opportunities lie in revenue diversification, strategic partnerships, and operational efficiency to drive profitability and shareholder value.
Anticipated sequential improvements in Q1 2025 signal a positive trajectory for Applied Blockchain Inc's financial performance.

Applied Blockchain Inc (APLD) reports robust Q1 growth and strategic investments

Applied Blockchain Inc (APLD) delivered strong revenue growth and operational performance in Q1 2025.
While facing challenges such as a net loss and high debt, the company is strategically positioned for future growth.
Investments in data centers and cloud services underscore a commitment to capitalizing on market opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the following segments: Cloud Services Business, HPC Hosting Business, and Data Center Hosting Business. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Bumble

Forza X1 Inc

Rocket Lab USA

NuScale Power Corp

Wearable Devices Ltd

Warby Parker

Sometimes, heavily hyped initial public offerings (IPOs) don't always pan out. Throughout this year, a myriad of headwinds, ranging from monetary policy shifts to geopolitical instability contributed to a dour environment.

7 Struggling IPOs to Buy for the Long-Term

Phoenix, Arizona--(Newsfile Corp. - September 21, 2022) - The Stock Day Podcast welcomed Applied Blockchain, Inc. (NASDAQ: APLD) ("the Company"), a company that designs, builds, and operates next-generation datacenters across North America to provide low-cost digital infrastructure solutions to the rapidly growing high performance computing (HPC) industry. Chairman CEO of the Company, Wes Cummins, joined Stock Day host Everett Jolly. Jolly began the interview by asking about the Company's background and current projects.

Applied Blockchain, Inc. Chairman and CEO, Wes Cummins, Is Featured on The Stock Day Podcast

DALLAS, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company"), a designer, builder and operator of next-generation datacenters that provide power to blockchain infrastructure and support High-Performance Computing (HPC) applications, announced that on September 16, 2022 it filed a Registration Statement on Form S-1 for the registration of approximately 48.3 million existing shares of Applied Blockchain common stock that are currently unregistered. The registration statement does not include the registration of any new shares of Applied Blockchain common stock.

Applied Blockchain Files Registration Statement for Existing Shares

Riot Blockchain

Investments in crypto assets have also tumbled by more than half during the first half of the year, a report by KPMG claims.

Investor Confidence Is Stifling as Crypto Market Starts to Unravel

Applied Blockchain, Inc. (NASDAQ:APLD ) Q4 2022 Earnings Conference Call August 25, 2022 5:00 PM ET Company Participants Jeff Grampp - IR, Gateway Group, Inc Wes Cummins - CEO David Rench - CFO Conference Call Participants Chris Brendler - D. A. Davidson Lucas Pipes - B.

Applied Blockchain, Inc. (APLD) Q4 2022 Earnings Call Transcript

DALLAS, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") today reported financial results for the fiscal fourth quarter and full year ended May 31, 2022, and provided an operational update.

Applied Blockchain Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results and Provides an Operational Update

DALLAS, Aug. 15, 2022 (GLOBE NEWSWIRE) --   Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") will host a conference call on Thursday, August 25, 2022 at 5:00 p.m. Eastern Time to discuss its operations and financial results from the fiscal fourth quarter and fiscal year ended May 31, 2022. A press release detailing these results will be issued after the close of trading on the same day.

Applied Blockchain Sets Fiscal Fourth Quarter and Full Year 2022 Earnings Conference Call for Thursday, August 25, 2022 at 5:00 p.m. Eastern Time

DALLAS, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") announced today that on July 25, 2022, the Company entered into a loan agreement with a North Dakota-based bank for a credit facility with a maximum principal amount of $15.0 million. The Company intends to use the facility to repay its existing debt and provide additional liquidity to fund the buildout of its datacenters. Applied Blockchain expects the initial interest rate of the Loan to be 1.5% for the first 13 months after taking into account state-based economic incentives and the remainder of the term rate to be 6.5%.

Applied Blockchain Secures New $15 Million Credit Facility to Refinance Existing Debt and Expand Liquidity Position

Allena Pharmaceuticals

Geovax Labs

Here's what you need to know about buying penny stocks on July 29th The post Hot Penny Stocks to Watch Before Market Open on July 29th  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Hot Penny Stocks to Watch Before Market Open on July 29th

Aurora Innovation

ironSource Ltd

Waitr Holdings Inc

Are these penny stocks worth it? 4 to add to your watch list this week.

Best Penny Stocks To Buy Now? 4 Tech Stocks To Watch Today

Toughbuilt Industries Inc

United Maritime Corp

Here's what you need to know about trading penny stocks on July 20th The post What to Know About Buying Penny Stocks on July 20th  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

What to Know About Buying Penny Stocks on July 20th

Applied Blockchain Inc (NASDAQ: APLD) shares are trading higher Tuesday after the company announced it secured a five-year hosting contract with Marathon Digital Holdings Inc (NASDAQ: MARA).  Applied Blockchain will provide comprehensive hosting services for Marathon's.

Why Bitcoin-Related Stock Applied Blockchain Is Soaring

APLD stock and MARA stock are climbing in early trading after Applied Blockchain said it will provide hosting services for Marathon. The post Why Is Applied Blockchain (APLD) Stock Up 27% Today?

Why Is Applied Blockchain (APLD) Stock Up 27% Today?

DALLAS, July 18, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") has entered into a five-year hosting contract with Marathon Digital Holdings, Inc. (Nasdaq: MARA) (“Marathon”) for 200-Megawatts (“MW”) of Bitcoin mining capacity. The Company will provide comprehensive hosting services for Marathon's Bitcoin miners at Applied Blockchain's owned and operated co-hosting datacenters.

Applied Blockchain Secures 200-Megawatt Five-Year Hosting Contract with Marathon Digital Holdings

DALLAS, July 18, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") today provided updates on its operations and financial guidance.

Applied Blockchain Provides Operational and Guidance Updates

DALLAS, June 13, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") today announced the expiration of a share lock-up agreement. In connection with the Company's initial public offering, on April 12, 2022, 2,040,000 shares of previously existing Applied Blockchain preferred stock were converted into 36,441,489 shares of the Company's common stock (after giving effect to a one-for-six reverse stock split). The converted stock was restricted from sale until June 11, 2022, after which the shares became freely tradeable pursuant to an effective Registration Statement on Form S-1 (Reg. No. 333-258818).

Applied Blockchain Announces Expiration of Share Lock-Up

Appian

OPKO Health

Six Flags

V.F.

VOXX International Corporation Class A

Bullish insider trading transactions are intriguing for formulating stock picks, particularly during a corrective period in the markets. The post 9 Stock Picks With Important Insider Trading Signals to Buy Now appeared first on InvestorPlace.

9 Stock Picks With Important Insider Trading Signals to Buy Now

Beyond Meat

Fiverr

Block

Tonix Pharmaceuticals Hld

Zscaler

While the market selloff has been a rough time for investors, it also gives them an opportunity to acquire growth stocks on the cheap. The post 7 Growth Stocks That Are Screaming Buys on Sale appeared first on InvestorPlace.

7 Growth Stocks That Are Screaming Buys on Sale

Applied Blockchain Inc (NASDAQ: APLD) shares are trading higher by 22.33% at $3.78 after the company's CEO Wes Cummins reported the purchase of 391,474 shares at an average price of $2.38 per share in a Form 4 filing on Thursday. Applied Blockchain shares were halted Friday morning at.

Why Bitcoin-, Ethereum- And Litecoin-Related Stock Applied Blockchain Is Skyrocketing Today

Applied Blockchain, Inc. (NASDAQ:APLD ) Q3 2022 Earnings Conference Call May 13, 2022 9:00 AM ET Company Participants Jeff Grampp - IR, Gateway Group, Inc. Wes Cummins - CEO David Rench - CFO Conference Call Participants Lucas Pipes - B. Riley John Todaro - Needham Mike Grondahl - Northland Securities Rob Brown - Lake Street Capital Chris Brendler - D.

Applied Blockchain's (APLD) CEO Wes Cummins on Q3 2022 Results - Earnings Call Transcript

DALLAS, May 13, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") today reported financial results for the fiscal third quarter ended February 28, 2022 and provided an operational update.

Applied Blockchain Reports Fiscal Third Quarter 2022 Ended February 28, 2022 Financial Results and Provides an Operational Update

Governor Burgum of North Dakota Joins the Company, Partners, and Industry Leaders for the Formal Ribbon Cutting Ceremony of the New Operational Hosting Facility Governor Burgum of North Dakota Joins the Company, Partners, and Industry Leaders for the Formal Ribbon Cutting Ceremony of the New Operational Hosting Facility

Applied Blockchain, Inc. Expands its Blockchain Industry Infrastructure with the Formal Opening of its 100MW Facility in North Dakota

DALLAS, May 06, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") will host a conference call on Friday, May 13, 2022 at 9:00 a.m. Eastern Time to discuss its operations and results from the fiscal third quarter 2022. A press release detailing these results will be issued before the open of trading on the same day.

Applied Blockchain Sets Fiscal Third Quarter 2022 Earnings Conference Call for Friday, May 13, 2022 at 9:00 a.m. Eastern Time

DALLAS, April 18, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (NASDAQ: APLD) (“Applied” or the “Company”) announced today the completion of its initial public offering of 8,000,000 shares of its common stock at $5.00 per share. The shares of common stock began trading on the Nasdaq Global Select Market on April 13, 2022, under the ticker symbol “APLD.” In addition, Applied granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less underwriting discounts and commissions.

Applied Blockchain, Inc. Announces Closing of Initial Public Offering

DALLAS, April 13, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (“Applied” or the “Company”) announced that yesterday it priced an initial public offering of 8,000,000 shares of its common stock at $5.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on April 13, 2022, under the ticker symbol “APLD.” In addition, Applied granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on April 18, 2022, subject to customary closing conditions.

News for Applied Blockchain Inc Stock (APLD)