Applied Digital Says Ellendale Facility Is Currently Operating At ~80 MW; Continues To Accelerate Restoring Capacity At Its Ellendale Data Center Hosting Facility; Expects To Continue To Ramp Capacity Ahead Of Schedule As Reported In Its Earnings Release Filed On April 11
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Ellendale Facility is operating at approximately 80 MW and is accelerating the restoration of capacity at its Ellendale Data Center Hosting Facility. The company expects to continue ramping up capacity ahead of schedule, as detailed in its earnings release filed on April 11, according to an SEC filing.
April 29, 2024 | 1:20 pm
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APLD's Ellendale Facility is operating at ~80 MW, with plans to accelerate capacity restoration, potentially impacting its operational capabilities and financial performance positively.
The operation at approximately 80 MW and the acceleration of capacity restoration at APLD's Ellendale Data Center Hosting Facility indicate a positive development in the company's operational capabilities. This progress, especially the expectation to ramp up capacity ahead of schedule, could lead to improved financial performance and investor sentiment in the short term. The information is directly from an SEC filing, adding credibility to the positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100