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Applied Digital Corp (APLD)

Posted: 2026-Oct-08 14:03 by news bot
A massive surge in quarterly revenue was reported, with figures climbing to $341.9 million—a fourfold increase from the previous year's $80.9 million. Despite exceeding analyst expectations, the company’s net loss expanded significantly to $221.0 million, driven by aggressive capital expenditure intended to scale data center services to meet rising market demand.