Applied Blockchain, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Dallas, april 11, 2024 (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, cloud services (“cloud services”), and datacenter hosting (“datacenter hosting”), reported financial results for the fiscal third quarter ended february 29, 2024. the company also provided an operational update.

Dallas, april 09, 2024 (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, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to thursday, april 11, 2024, at 5:00 p.m. eastern time. financial and operational results for the fiscal third quarter ended february 29, 2024, will be issued after the market closes on thursday, april 11, 2024.

Dallas, april 01, 2024 (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, announced that the company recently entered into a private financing agreement with a single investor (the “investor”), in which it issued a $50 million unsecured convertible debenture. the convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks. the conversion price for the note is the lower (a) $6.00 and (b) 95% of the lowest daily volume weighted average price of the company's common stock during the five trading days immediately prior to the date of conversion, subject to a floor price of $3...

Dallas, march 28, 2024 (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, will host a conference call on wednesday, april 10, 2024 at 9:00 a.m. eastern time to discuss its operations and financial results from the fiscal third quarter ended february 29, 2024. a press release detailing these results will be issued before the market open on the same day.

Applied digital to use the latest nvidia blackwell platform-based gpus for hpc applications, ensuring cutting-edge computing power for ai, machine learning, and graphics rendering.

Applied Digital (NASDAQ: APLD ) stock is falling on Friday following the release of the data center company's earnings report for its fiscal third quarter of 2024. The bad news for APLD stockholders starts with the company's adjusted earnings per share of -24 cents.

Applied Digital Corporation (NASDAQ:APLD ) Q3 2024 Results Conference Call April 11, 2024 5:00 PM ET Company Participants Alex Kovtun - IR, Gateway Group, Inc Wes Cummins - Chief Executive Officer David Rench - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley George Sutton - Craig-Hallum Rob Brown - Lake Street Mike Grondahl - Northland Securities Darren Aftahi - ROTH John Todaro - Needham & Company Kevin Dede - H.C.

Shares of Applied Digital APLD, +2.68% fell after the company's revenue missed estimates following a power outage.

Data-center services provider Applied Digital missed Wall Street estimates for third-quarter revenue on Thursday, pressured by a power disruption at its Ellendale data center unit in January.

DALLAS, April 09, 2024 (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, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, 2024, at 5:00 p.m. Eastern time. Financial and operational results for the fiscal third quarter ended February 29, 2024, will be issued after the market closes on Thursday, April 11, 2024.

Artificial intelligence and data centers go hand-in-hand these days. As companies generate more data and rely on complex algorithms, they need robust infrastructure to store and process all that information efficiently.

Many high-growth companies have been trading sideways for months or even years at depressed valuations. But as the old adage goes, the stock market is a weighing machine in the long-run.

There are some blockchain stocks that every investor should have on their radars. These companies are strong contenders in the blockchain space, and I think they are an alternative to investing directly in cryptocurrencies such as Bitcoin ( BTC-USD ).

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

DALLAS, March 28, 2024 (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, will host a conference call on Wednesday, April 10, 2024 at 9:00 a.m. Eastern time to discuss its operations and financial results from the fiscal third quarter ended February 29, 2024. A press release detailing these results will be issued before the market open on the same day.