Applied Digital Corporation

APLD

US0381692070

Blockchain & Cryptocurrency

Real-time Estimate Cboe BZX Other stock markets 10:24:15 12/09/2024 pm IST			5-day change	1st Jan Change
5.905 ^USD	+0.60%		+8.29%	-13.72%

11/09	Applied Digital Files Secondary Stock Shelf	MT
05/09	Top Midday Gainers	MT

Applied Digital Corporation Announces Formation of New Wholly-Owned Subsidiary, Applied Digital Cloud Corporation

May 14, 2024 at 05:30 pm IST

On May 13, 2024, Applied Digital Corporation announced the formation of a new wholly-owned subsidiary, Applied Digital Cloud Corporation ("Applied Digital Cloud"). Applied Digital Cloud owns all of the business that was formally known as SAI Computing LLC and will operate the Company's Cloud services business.

Latest news about Applied Digital Corporation

Applied Digital Files Secondary Stock Shelf	12/09	MT
Top Midday Gainers	05/09	MT
Applied Digital surges on funding deal with investors, including Nvidia	05/09	RE
Applied Digital Secures Nvidia Backing in $160 Million Funding Deal -- Shares Rise Pre-Bell	05/09	MT
Applied Digital Corporation announced that it expects to receive $160.000013 million in funding	05/09	CI
Applied Digital Corporation announced that it has received $50 million in funding from Yorkville Advisors Global LP	30/08	CI
Applied Digital Corporation announced that it expects to receive $50 million in funding from Yorkville Advisors Global LP	29/08	CI
Applied Digital Swings to Fiscal Q4 Adjusted Loss, Revenue Increases	29/08	MT
Applied Digital Corporation Reports Earnings Results for the Full Year Ended May 31, 2024	29/08	CI
Transcript : Applied Digital Corporation, Q4 2024 Earnings Call, Aug 28, 2024	29/08
Earnings Flash (APLD) APPLIED DIGITAL CORPORATION Posts Q4 Revenue $43.7M, vs. Street Est of $39.1M	29/08	MT
Earnings Flash (APLD) APPLIED DIGITAL CORPORATION Posts Q4 Loss $-0.36, vs. Street Est of $-0.22	29/08	MT
Applied Digital Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended May 31, 2024	29/08	CI
Applied Digital Receives Final $25 Million Payment From Garden City Facility Sale	31/07	MT
Applied Digital Corporation Appoints Tom Burke as Chief Revenue Officer	24/07	CI
Applied Digital Corporation Appoints Chris Jackson as Senior Vice President of Operations	10/07	CI
Sector Update: Tech Stocks Retreat in Late Afternoon Trading	10/07	MT
Sector Update: Tech Stocks Slipping Tuesday Afternoon	09/07	MT
Applied Digital Enters Sales Agreement for $125 Million Stock Offering	09/07	MT
Applied Digital Issues Fiscal Q4 Guidance	09/07	MT
Applied Digital Corporation Provides Earnings Guidance for the Fiscal Fourth Quarter Ended May 31, 2024	09/07	CI
Applied Digital Corporation(NasdaqGS:APLD) added to Russell Small Cap Comp Value Index	01/07	CI
Applied Digital Corporation(NasdaqGS:APLD) added to Russell 2500 Value Index	01/07	CI
Applied Digital Corporation(NasdaqGS:APLD) added to Russell 3000 Value Index	01/07	CI
Applied Digital Corporation(NasdaqGS:APLD) added to Russell 2000 Value Index	01/07	CI

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Company Profile

Applied Digital Corporation is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services for high-performance computing (HPC) and artificial intelligence (AI). Its segments include Blockchain data center hosting (the Datacenter Hosting Business), cloud services, through a wholly owned subsidiary (the Cloud Services Business) and HPC data center hosting (the HPC Hosting Business). The Datacenter hosting segment operates datacenters to provide energized space to crypto-mining customers. The Cloud services segment operates through its Sai Computing brand and provides cloud services for customers, such as artificial intelligence and machine learning developers, to develop their advanced products. The HPC hosting segment designs, builds, and operates datacenters, which are designed to support high-computer applications using advanced infrastructures to provide services to customers.

Employees

Sector

Blockchain & Cryptocurrency

Calendar

08/10/2024 - Q1 2025 Earnings Release (Projected)

Related indices

Russell 2000

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