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Applied Digital Corporation (APLD) Reports Q4 Loss, Tops Revenue Estimates

分组1 - Applied Digital Corporation reported a quarterly loss of $0.52 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.23, and compared to a loss of $0.07 per share a year ago, indicating a significant decline in performance [1] - The company's revenues for the quarter ended May 2024 were $43.7 million, exceeding the Zacks Consensus Estimate by 2.34%, and showing an increase from $22.04 million in the same quarter last year [1] - Over the last four quarters, Applied Digital Corporation has not surpassed consensus EPS estimates, indicating ongoing challenges in meeting market expectations [1] 分组2 - Since the beginning of the year, Applied Digital Corporation shares have decreased by approximately 29.8%, contrasting with the S&P 500's gain of 17.9%, highlighting underperformance relative to the broader market [2] - The current consensus EPS estimate for the upcoming quarter is -$0.51 on revenues of $39.49 million, and for the current fiscal year, it is -$1.18 on revenues of $275.78 million, suggesting continued challenges ahead [4] - The Zacks Industry Rank for Financial - Miscellaneous Services is in the top 21% of over 250 Zacks industries, indicating a favorable industry outlook that could positively influence stock performance [5]