Applied Digital Corporation (APLD) Reports Q3 Loss, Misses Revenue Estimates

Applied Digital Corporation (APLD) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of$ 0.11. This compares to loss of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -45.45%. A quarter ago, it was expected that this company would post a loss of$ 0.14 per share when it actually produced a loss of $0.66, delivering a surprise of -371.43%.Over the last four quarters, the compa ...