On Wednesday 28th August 2024, investors and market participants can expect the release of Applied Digital (NASDAQ: APLD) fourth quarter financial results. This crucial announcement will be made after market close.
According to the predictions of financial experts on Wall Street, the company is set to unveil an estimated $0.22 loss per share for the quarter. Additionally, the company is expected to report a total revenue of $37.61 million for the specific period.
During the same quarter of the previous year, the company's earnings report indicated a per-share loss of $0.01. Moreover, the company generated a total revenue of $22.04 million during that specific quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $158.97 million. Additionally, they are expecting the company to report loss of $0.96 per share for the full year 2024.
The business has scheduled a conference call on 28th August 2024 at 05:00 PM eastern time to discuss Q4 financial results.
Applied Digital (APLD) closed Friday's regular trading session at $4.55, indicating a 11.25 percent gain. The stock fluctuated between $4.08 and $4.64 during the day, with a volume of 5.21 million shares.
