Applied Digital Corporation reported earnings results for the second quarter and six months ended November 30, 2023. For the second quarter, the company reported sales was USD 37.75 million compared to USD 12.34 million a year ago. Revenue was USD 42.2 million compared to USD 12.34 million a year ago. Net loss was USD 10.53 million compared to USD 26.62 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.28 a year ago.
For the six months, sales was USD 71.93 million compared to USD 19.26 million a year ago. Revenue was USD 78.53 million compared to USD 19.26 million a year ago. Net loss was USD 21.99 million compared to USD 31.15 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to USD 0.33 a year ago.