Applied Digital Corporation (APLD) Reports Q1 Loss, Tops Revenue Estimates

Applied Digital Corporation (APLD) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.28. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 89.29%. A quarter ago, it was expected that this company would post a loss of$ 0.23 per share when it actually produced a loss of $0.52, delivering a surprise of -126.09%.Over the last four quarters, the compan ...