Applied Digital Sees FY24 Revenue Of $385M - $405M Vs. $308.8M Est.
Portfolio Pulse from Benzinga Newsdesk
Applied Digital has projected its FY24 revenue to be between $385M and $405M, which is significantly higher than the estimated $308.8M.
July 24, 2023 | 12:03 pm
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POSITIVE IMPACT
Applied Digital's projected FY24 revenue surpasses the estimated $308.8M, indicating potential growth.
Applied Digital's projected revenue for FY24 is significantly higher than the estimated $308.8M. This indicates that the company expects to see substantial growth in the future, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100