Applied Digital Corporation reported earnings results for the full year ended May 31, 2024. For the full year, the company reported sales was USD 165.58 million compared to USD 55.39 million a year ago. Revenue was USD 165.58 million compared to USD 55.39 million a year ago.

Net loss was USD 149.27 million compared to USD 44.65 million a year ago. Basic loss per share from continuing operations was USD 1.31 compared to USD 0.48 a year ago. Diluted loss per share from continuing operations was USD 1.31 compared to USD 0.48 a year ago.