* Applied Digital Corp reported a quarterly adjusted loss of 66 cents​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of seven analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -19 cents to -8 cents per share.

* Revenue rose 51.3% to $63.87 million from a year ago; analysts expected $63.40 million.

* Applied Digital Corp's reported EPS for the quarter was a loss of 66 cents​.

* The company reported a quarterly loss of $139.36 million.

* Applied Digital Corp shares had risen by 1.6% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 18.2% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for Applied Digital Corp is $11.50 This summary was machine generated from LSEG data January 14 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Nov. 30 2024 -0.15 -0.66 Missed

Aug. 31 2024 -0.29 -0.15 Beat

May. 31 2024 -0.22 -0.52 Missed

Feb. 29 2024 -0.10 -0.32 Missed