Applied Digital rises on quarterly revenue beat

Applied Digital

27/07/2026 21:48

** Data center provider Applied Digital's APLD.O shares rise 5.4% to $27.80 in extended trading
** APLD's Q4 revenue surges 407% to $258.7 million, far exceeding analysts' estimate of $94.8 million - data compiled by LSEG
** Q4 adj. income per share at 4 cents, compared with a loss estimate of 22 cents
** "We see demand for high-power density, purpose-built AI data centers remaining extremely robust" - CEO Wes Cummins
** APLD shares up 7.6% YTD

 (Reporting by Juby Babu in Mexico City)
 ((Juby.Babu@thomsonreuters.com;))