Applied Digital Corporation (APLD) Reports Q2 Loss, Tops Revenue Estimates

Applied Digital Corporation (APLD) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of$ 0.14. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -371.43%. A quarter ago, it was expected that this company would post a loss of$ 0.28 per share when it actually produced a loss of $0.03, delivering a surprise of 89.29%.Over the last four quarters, the compan ...