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Applied Digital reports Q2 adjusted EPS (6c), consensus (14c)

Applied Digital reports Q2 adjusted EPS (6c), consensus (14c)

Reports Q2 revenue $63.87M, consensus $61.61M. “We remain in late stage negotiations for our Ellendale campus,” said Applied Digital (APLD) chairman and CEO Wes Cummins. “Over the past year, we’ve gained valuable insights into the thorough and deliberate approach hyperscalers take. While their timelines may extend longer than initially expected, we remain steadfast in our commitment to delivering our 400 MW data center campus on time and within budget.”

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