Applied Digital reports fiscal first-quarter 2027 results

Applied Digital reported fiscal Q1 2027 adjusted revenue of $300.4M and adjusted EBITDA of $64.4M. GAAP net loss from continuing operations was $221.0M; cash was $3.7B and debt $6.4B.Material DetailsContext by AI AnalystThis is mid-cycle confirmation of APLD’s pivot to large AI hosting with materia…