DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced that the Company recently entered into a private financing agreement with a single investor (the “Investor”), in which it issued a $42,131,579 unsecured convertible debenture. The convertible debenture bears no interest, has an original issue ...

DALLAS, May 24, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced that the Company recently entered into a private financing agreement with a single investor (the “Investor”), in which it issued a $42,131,579 unsecured convertible debenture. The convertible debenture bears no interest, has an original issue ...

DALLAS, May 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced its participation in the 19th Annual Needham Technology & Media Conference, 24th Annual B. Riley Institutional Investor Conference, and 21st Annual Craig-Hallum Institutional Investor Conference. 19th Annual Needham Technology & Media Con ...

DALLAS, May 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced its participation in the 19th Annual Needham Technology & Media Conference, 24th Annual B. Riley Institutional Investor Conference, and 21st Annual Craig-Hallum Institutional Investor Conference. 19th Annual Needham Technology & Media Con ...

DALLAS, May 03, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing ("HPC") applications, today announced that Todd Gale has been appointed as Chief Development Officer, effective May 3, 2024. Mr. Gale's wealth of leadership acumen, developed during his tenure at Flexential and Terremark Worldwide, equips him to lead pivotal initiatives in h ...

Benson Brings Over a Decade of Experience in Financial Services Joins the Board as Part of a Cooperation and Standstill Agreement with Oasis Management Company DALLAS, April 30, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ:APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, has appointed Ella Benson as an independent director on its Board of Directors (the "Board"), ...

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Applied Digital (NASDAQ:APLD) stock is falling on Friday following the release of the data center company’s earnings report for its fiscal third quarter of 2024.The bad news for APLD stockholders starts with the company’s adjusted earnings per share of -24 cents. That’s much worse than the -7 cents per share that Wall Street was expecting. It’s also a significant setback compared to the -1 cent per share from the same period of the year prior.Also not helping matters is Applied Digital’s revenue of $43.35 m ...

Applied Digital Corporation (NASDAQ:APLD) Q3 2024 Results Conference Call April 11, 2024 5:00 PM ET Company Participants Alex Kovtun - IR, Gateway Group, Inc Wes Cummins - Chief Executive Officer David Rench - Chief Financial Officer Conference Call Participants Lucas Pipes - B. Riley George Sutton - Craig-Hallum Rob Brown - Lake Street Mike Grondahl - Northland Securities Darren Aftahi - ROTH John Todaro - Needham & Company Kevin Dede - H.C. Wainwright Operator Good afternoon, and welcome to Applied Digita ...