Top Wall Street Forecasters Revamp Applied Digital Price Expectations Ahead Of Q1 Earnings

Applied Digital Corporation APLD will release earnings results for its first quarter, after the closing bell on Wednesday, Oct. 9.Analysts expect the Dallas, Texas-based company to report a quarterly loss at 29 cents per share, versus a year-ago loss of 12 cents per share. Applied Digital projects to report revenue of $54.85 million for the quarter, according to data from Benzinga Pro.On Sept. 5, Applied Digital entered agreements for a$160 million private placement financing priced at market, from a group ...