Applied Digital Corporation shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results and issued FY24 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Applied Digital Corporation reported better-than-expected Q4 adjusted EPS results and issued FY24 revenue guidance above estimates, leading to a rise in its share prices.
July 24, 2023 | 2:31 pm
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Applied Digital Corporation's shares are trading higher after reporting better-than-expected Q4 results and issuing higher FY24 revenue guidance.
Applied Digital Corporation's better-than-expected Q4 results and higher FY24 revenue guidance indicate strong financial performance, which is a positive signal to investors and can lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100