All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 48%.
Looking ahead, revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in the US.
Performance of the American IT industry.
The company's shares are down 32% from a week ago.
It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Applied Digital (at least 3 which are a bit concerning), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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