Applied Digital announced “current and preliminary expectations” of financial results for its Q4 ended May 31, 2023. For Q4, the company estimates revenue overall will be approximately $22M, net loss overall will be approximately ($6.8M), and adjusted EBITDA will be in the range of $2.7M-$3.2M. The consensus estimates are $30.06M for revenue and (3c) in earnings per share.
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