secwatch.observer — SEC 8-K summary
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Issuer:     Applied Digital Corp. (APLD)
CIK:        0001144879
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0001144879-23-000100
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Digital Q3 FY2023 revenue $14.1M, adjusted EBITDA $0.9M, net loss $7.0M
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- Revenue of $14.1M for fiscal Q3 2023; adjusted EBITDA of $0.9M.
- Net loss of $7.0M ($0.08 per share); adjusted loss per share of $0.01 based on 94.1M shares.
- Energized 180MW Ellendale, ND facility in early March; expects full capacity by end of June.
- Garden City, TX 200MW facility ready to energize pending final metering approval from utility.
- First HPC revenue recognized; new 5MW Jamestown HPC building expected online in 4-5 weeks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1144879/000114487923000100/0001144879-23-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1144879/000114487923000100/apld-20230406.htm
  HTML page:      https://secwatch.observer/filing/0001144879-23-000100

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