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Applied Digital Corp (NASDAQ:APLD) shares are in focus on Thursday.
Applied Digital's Q3 revenue reached $126.6 million, surpassing estimates by over $50 million.
KEY POINTS
- The company reported adjusted earnings of nine cents per share versus an expected loss of ten cents.
- Applied Digital now operates a 100 MW direct-to-chip liquid-cooled data center.
- Construction at North Dakota sites is on schedule, with ELN-2 at Polaris Forge 1 fully operational.
- Short interest in Applied Digital dropped slightly but remains high at 30.63% of the float.
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