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Applied Digital Analysts Boost Their Forecasts Following Upbeat Earnings

Applied Digital Corp (NASDAQ:APLD) reported better-than-expected financial results for the first quarter of fiscal 2026 after the market close on Thursday.Applied Digital reported first-quarter revenue of 64.22million,beatinganalystestimatesof64.22 million, beating analyst estimates of 49.99 million, according to Benzinga Pro. The digital infrastructure provider reported a first-quarter adjusted loss of three cents per share, beating analyst estimates for a loss of 13 cents per share."We feel this third lease validates our platform and execut ...