Applied Digital Corporation Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2024
January 14, 2025 at 04:05 pm EST
Applied Digital Corporation reported earnings results for the second quarter and six months ended November 30, 2024. For the second quarter, the company reported sales was USD 63.87 million compared to USD 42.2 million a year ago. Sales was USD 63.87 million compared to USD 42.2 million a year ago. Revenue was USD 63.87 million compared to USD 42.2 million a year ago. Revenue was USD 63.87 million compared to USD 42.2 million a year ago. Net loss was USD 139.36 million compared to USD 10.53 million a year ago. Net loss was USD 139.36 million compared to USD 10.53 million a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.1 a year ago. Basic loss per share from continuing operations was USD 0.66 compared to USD 0.1 a year ago.
For the six months, sales was USD 124.57 million compared to USD 78.53 million a year ago. Sales was USD 124.57 million compared to USD 78.53 million a year ago. Revenue was USD 124.57 million compared to USD 78.53 million a year ago. Revenue was USD 124.57 million compared to USD 78.53 million a year ago. Net loss was USD 143.65 million compared to USD 21.99 million a year ago. Net loss was USD 143.65 million compared to USD 21.99 million a year ago. Basic loss per share from continuing operations was USD 0.8 compared to USD 0.21 a year ago. Basic loss per share from continuing operations was USD 0.8 compared to USD 0.21 a year ago.