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Applied Digital Corporation (APLD) Reports Q3 Loss, Misses Revenue Estimates
APLDApplied Digital (APLD) ZACKS·2025-04-14 22:16

Company Performance - Applied Digital Corporation reported a quarterly loss of 0.16pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.16 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.11, and an improvement from a loss of 0.52pershareayearago[1]−Thecompanypostedrevenuesof0.52 per share a year ago [1] - The company posted revenues of 52.92 million for the quarter ended February 2025, missing the Zacks Consensus Estimate by 16.75%, but showing an increase from 43.35millioninthesamequarterlastyear[2]−Overthelastfourquarters,thecompanyhassurpassedconsensusEPSestimatesonlyonce[2]StockMovementandOutlook−AppliedDigitalCorporationshareshavedeclinedapproximately30.843.35 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] Stock Movement and Outlook - Applied Digital Corporation shares have declined approximately 30.8% since the beginning of the year, compared to a decline of 8.8% for the S&P 500 [3] - The company's earnings outlook is mixed, with current consensus EPS estimates at -0.11 on revenues of 77.43millionfortheupcomingquarterand−77.43 million for the upcoming quarter and -0.96 on revenues of $252.89 million for the current fiscal year [7] Industry Context - The Financial - Miscellaneous Services industry, to which Applied Digital Corporation belongs, is currently ranked in the top 19% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]