Applied Digital Grew Revenue 139% in Q3 and Now Has $36 Billion in Contracted AI Data Center Revenue
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Applied Digital reported a 139% revenue growth in its third quarter and has $36 billion in contracted ai data center revenue. The company's quarterly results were seen as a strong performance, beating forecasts, but also raised concerns about debt. The impact of the report on the company's stock is unclear, with some outlets reporting a surge and others a dip in after-hours trading.
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