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Wed, January 15, 2025
[ 09:41 AM ] - MSN
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Applied Digital Corporation (NASDAQ:APLD) Q2 2025 Earnings Call Transcript


Published on 2025-01-15 09:41:17 - MSN
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  • Q2 2025 Earnings Call Transcript January 14, 2025 Applied Digital Corporation misses on earnings expectations. Reported EPS is $-0.66 EPS, expectations were $-0.14. Operator: Good afternoon, and welcome to Applied Digital's Fiscal Second Quarter 2025 Conference Call.

The article provides a transcript of Applied Digital Corporation's (NASDAQ: APLD) Q2 2025 earnings call. During the call, CEO Wes Cummins and CFO David Rench discussed the company's financial performance, operational updates, and strategic initiatives. Key points include a significant increase in revenue, driven by growth in their data center hosting and cloud services. They highlighted the expansion of their AI Cloud service, which is expected to contribute to future growth. The company also addressed challenges such as supply chain issues and rising costs but expressed confidence in their ability to manage these through strategic partnerships and operational efficiencies. Additionally, they provided guidance for the upcoming quarters, focusing on scaling operations, enhancing their technology stack, and exploring new market opportunities.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/applied-digital-corporation-nasdaq-apld-q2-2025-earnings-call-transcript/ar-AA1xfgXq ]
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