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.

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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.

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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.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming October 11, 2023 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) securities between April 13, 2022 and July 26, 2023, inclusive (the “Class Period”). Investors suffering losses on their Applied Digital investments are encouraged to contact the Law Offices of Howard G. Smith.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Applied Digital Corporation (APLD)

LOS ANGELES, CA / ACCESSWIRE / August 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Applied Digital Corporation ("Applied Digital" or "the Company") (NASDAQ: APLD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 13, 2022 and July 26, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before October 11, 2023.

INVESTOR DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Applied Digital Corporation with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / August 18, 2023 / The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Applied Digital Corporation ("Applied Digital") (NASDAQ:APLD) between April 13, 2022 and July 26, 2023. If you suffered a loss, contact us at the link below.

APLD LAWSUIT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving Applied Digital Corporation

LOS ANGELES--(BUSINESS WIRE)---- $APLD--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Applied Digital Corporation (APLD) Investors.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Applied Digital Corporation (APLD) Investors

Applied Digital is up some 225% year to date. A shareholder lawsuit filed this week may have been a catalyst for the drop.

Why Applied Digital Stock Fell 15.2% This Week

NEW YORK , Aug. 17, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Applied Digital Corporation (NASDAQ: APLD) between April 13, 2022 and July 26, 2023, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.

ROSEN, A RANKED AND LEADING FIRM, Encourages Applied Digital Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - APLD

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) securities between April 13, 2022 and July 26, 2023, inclusive (the “Class Period”). Applied Digital investors have until October 11, 2023 to file a lead plaintiff motion. If you suffered.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Applied Digital Corporation (APLD) Investors

NEW YORK , Aug. 17, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Applied Digital Corporation ("Applied Digital" or the "Company") (NASDAQ: APLD) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Applied Digital investors who were adversely affected by alleged securities fraud between April 13, 2022 and July 26, 2023.

APLD LAWSUIT ALERT: Levi & Korsinsky Notifies Applied Digital Corporation Investors of a Class Action Lawsuit and Upcoming Deadline

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) securities between April 13, 2022 and July 26, 2023, inclusive (the “Class Period”). Applied Digital investors have until October 11, 2023 to file a lead plaintiff motion. Investors suffering losses on their Applied Digital investments are encouraged to contact the.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Applied Digital Corporation (APLD) Investors

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Applied Digital Corporation (NASDAQ: APLD) between April 13, 2022 and July 26, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 11, 2023. SO WHAT: If you purchased Applied Digital securities duri.

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Applied Digital Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – APLD

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Applied Digital Corporation (“Applied Digital” or the “Company”) (NASDAQ: APLD) in the United States District Court for the Northern District of Texas on behalf of all persons and entities who purchased or otherwise acquired Applied Digital securities between April 13, 2022 and July 26, 2023, both dates inclusive (the “Clas.

APPLIED DIGITAL ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Applied Digital Corporation and Encourages Investors to Contact the Firm

SAN DIEGO--(BUSINESS WIRE)---- $APLD #APLD--Applied Digital Corporation (APLD) Misled Investors Regarding the Efficacy of its Business Model.

Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against Applied Digital Corporation (APLD)

NEW YORK , Aug. 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Applied Digital Corporation ("Applied Digital" or the "Company") (NASDAQ: APLD). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Applied Digital Corporation - APLD

SAN JOSE, Calif. and DALLAS, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced it has formed a strategic partnership with ZEDEDA, the leader in edge orchestration. The strategic partnership will enable Applied Digital to use ZEDEDA's award-winning management and orchestration software solution, powering Applied Digital's new integrated on-demand Transmutable AI cloud service offering to address the exploding demand for AI computing resources and infrastructure.

Applied Digital and ZEDEDA Form a Strategic Partnership to Provide New On-Demand Transmutable AI Cloud Service

LOS ANGELES, CA / ACCESSWIRE / July 31, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Applied Digital Corporation ("Applied Digital" or "the Company") (NASDAQ:APLD) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Applied Digital Corporation and Encourages Investors with Losses to Contact the Firm

An analyst bumped his price target higher on the shares. This followed a rather impressive quarter posted by the company.

Why Applied Digital Stock Soared Again Today

LOS ANGELES, CA / ACCESSWIRE / July 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Applied Digital Corporation ("Applied Digital" or "the Company") (NASDAQ:APLD) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Applied Digital Corporation and Encourages Investors with Losses to Contact the Firm

Shares of Applied Digital popped Monday as strong demand for its data center services led to impressive full-year guidance for fiscal 2024.  For the fourth quarter of fiscal 2023, the company posted revenue of $22.04 million, compared to Street expectations of $22.68 million, and a loss of $0.07 per share, compared to expectations of $0.05 loss.

Applied Digital stock soars after fiscal '24 guidance significantly outpaces expectations

Data center company Applied Digital did just $8.5 million in fiscal 2022. Its 2023 number was more than 6x that.

Why Applied Digital Stock Popped 16% Today

Applied Digital Corporation (NASDAQ:APLD ) Q4 2023 Earnings Conference Call July 24, 2023 9:00 AM ET Company Participants Alex Kovtun - IR, Gateway Group, Inc. Wes Cummins - Chairman and CEO David Rench - CFO Conference Call Participants George Sutton - Craig-Hallum Lucas Pipes - B. Riley Securities John Todaro - Needham & Co. Mike Grondahl - Northland Securities Kevin Dede - H.C.

Applied Digital Corporation (APLD) Q4 2023 Earnings Call Transcript

- Generated Sequential Revenue Growth of 56% - - Provides Fiscal 2024 Full-Year Guidance - DALLAS, July 24, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, reported financial results for the fiscal fourth quarter and full year ended May 31, 2023. The Company also provided forward guidance and an operational update.

Applied Digital Reports Fiscal Fourth Quarter and Full Year 2023 Financial Results

NEW YORK , July 23, 2023 /PRNewswire/ -- WHY:  New York, N.Y., July 23, 2023.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Applied Digital Corporation Investors to Inquire About Securities Class Action Investigation - APLD

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LOS ANGELES, CA / ACCESSWIRE / July 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Applied Digital Corporation ("Applied Digital" or "the Company") (NASDAQ:APLD) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Applied Digital Corporation and Encourages Investors with Losses to Contact the Firm

Higher hosting capacity is likely to have increased hosting revenues and driven top-line growth for Applied Digital (APLD) in Q4.

News for Applied Blockchain Inc Stock (APLD)