Applied Digital (NASDAQ: APLD) is scheduled to reveal its financial results for the first quarter on Wednesday 9th October 2024. This disclosure will take place after market close, providing investors with significant information regarding the company's performance in the last three months period.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $0.29 loss per share for the first quarter. Additionally, it is anticipated that the company will reveal a $54.85 million revenue during the quarter.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $269.49 million. Additionally, they forecast the earnings per share to hit loss of $1.13 for the fiscal year.
During the equivalent quarter of the preceding year, the company's financial report highlighted an impressive $36.32 million revenue during that particular timeframe.
In addition, The firm will review the first quarter financial results on 9th October 2024 at 05:00 PM eastern time, in a conference call with public.
Applied Digital (APLD) closed Friday's regular trading session at $7.45, indicating a 7.34 percent fall, with a volume of 12.93 million shares.
