Applied Digital Corp (APLD) Q1 2025 Earnings Call Highlights: Revenue Surges Amid Strategic ...

By Yahoo! Finance | Oct 10, 2024 at 03:10 AM EST

Shareholders' equity nearly doubled to $241.8 million in the past three months. CEO Wesley Cummins discussed lease negotiations and plans to deploy GPU clusters, with an expectation of leasing up to 400 megawatts. Future data center expansion and hyperscaler interest were also highlighted.

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